DP World Spends $100m a Month Keeping Jebel Ali Ready as Ships Divert
DP World is spending about $100m a month to keep Jebel Ali in a state of readiness while vessels avoid the crisis-hit UAE gateway, with the port running at around 10% of normal capacity.
Algeciras Lines Up EUR 1.4 Billion to Hold Its Position at the Strait
Algeciras has mapped almost EUR 1.4 billion of public and private investment through 2030, aiming for installed container capacity of 7.5m teu by the end of the decade.
DP World Lands First Cranes Under 30-Year Tartous Concession
DP World has taken delivery of the first cranes at the Port of Tartous under a 30-year concession, the opening step in an investment programme running through 2028.
Asian ports need $12bn a year to keep pace with trade growth
Asian ports and shipping will require investment of around 12 billion dollars a year to handle projected trade growth and to begin the shift to alternative fuels, according to new World Bank analysis.
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