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Tag Archives: DP World

Manager of P&O Ports murdered at Somali port by al-Shabaab

Mathew Healy, PortandTerminal.com, February 4, 2018 Gunmen have shot and killed a senior manager of Dubai-based P&O Ports in Somalia’s northeastern Puntland state this morning reports say. The al-Qaida-linked al-Shabaab extremist group is claiming responsibility. P&O Ports has acknowledged one of its employees was killed and three others injured in an “incident” Monday at its operations in Bosaso Port. Port …

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Saudi Arabia Announces Jeddah port expansion as part of massive investment plan

Peter Stewart, PortandTerminal.com, January 30, 2019 Saudi Industrial Services (Sisco) has inked a memorandum of understanding (MoU) with Saudi Ports Authority to further develop Jeddah Islamic Port (JIP) on a long-term basis Saudi Arabia, the biggest Arab economy, is undertaking a slew of measures to help boost the contribution of the non-oil sector to the economy under Vision 2030, the …

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Port purchase in Chile: DP World expands its global footprint

Dubai-based port operator DP World says it will buy a 71.3% stake in Chile’s Puertos y Logistica SA, a port services firm in the South American nation. Peter Stewart, PortandTerminal.com, January 10, 2019 Santiago, Chile (January 14, 2019) – Dubai terminal operator DP World is buying a Chilean port operator, further bolstering its global footprint. DP World is acquiring a …

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