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DP World takes efforts to attract shipping lines

DP World takes efforts to attract shipping lines

In the last few years, container terminal operator DP World has been taking efforts to attract foreign and domestic shipping lines to Vallarpadam International Container Transhipment Terminal (ICTT). DP World is attracting shipping lines by informing them about the productivity and performance of the term

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DP World’s business recast may facilitate fund raising

DP World’s business recast may facilitate fund raising

Some analysts and industry watchers feel that DP World has restructured its India operations in order to facilitate fund raising in the country, if required in future. Some analysts feel that the restructuring exercise is intended to raise the companyÂ’s valuation with an eye to tap the local capital market for funds

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Cost of proposed berth project set to escalate

Cost of proposed berth project set to escalate

Reports suggest that the cost of the proposed 330-metre container terminal berth project at Jawaharlal Nehru Port may exceed the original estimate of Rs 600 crore by Rs 300 crore. The berth will have the capacity to handle eight lakh Twenty Foot Equivalent Unit (TEU) per annum, which could be augmented to one million TEU, with better equipment and

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DPW's JNP terminal wins award

DPW's JNP terminal wins award

Global port operator DP World's Nhava Sheva Terminal at the Jawaharlal Nehru Port Trust in Mumbai has bagged Seatrade's Environmental Protection Award for its environment management and energy conservation initiatives.