15/09/2015at 09:41

DP World gearing up for new Russian venture

Chairman of the Dubai Company DP World, Sultan bin Sulayem, has visited the Russian President Vladimir Putin. DP World is ready to return to Russia after a three-year break, he said recently.

Dp Worlds terminal i London Gateway. | Photo: London Gateway

BY KATRINE GRØNVALD RAUN

Terminal Operator DP World is likely on its way back to the Russian market, after the company divested its Russian business in 2012. Recently the Chairman of the Dubai-based company, Sultan bin Sulayem, met with the Russian President Vladimir Putin to discuss an investment in the Far-Eastern part of the country, reports Dubai newspaper The National.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

DP World's bottom line grows 22 pct
For subscribers
Gulftainer picks DP World VP for top job
For subscribers
Russian crisis weighs on Global Ports in first half of 2015

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

Carriers need to diminish their pollution in the coming years. As such, they are searching for a fuel to replace regular bunker oil. | Foto: Christian Charisius/AP/Ritzau Scanpix

Regulation

Methanol could become the preferred fuel for new vessels already in 2023

Carriers preferred methanol when ordering new green vessels in 2023. The fuel could overtake LNG already this year, DNV estimates.

For subscribers

Container

Maersk chair had nothing to do with carrier divestment due to double role

For subscribers

Foto: Thomas Peter/Reuters/Ritzau Scanpix

Bulk

Bulk operators are optimistic: "All trends are positive in China right now"

For subscribers

Bulk

Peter Twiss resigns as CEO of Oldendorff

For subscribers

Faig Abbasov, Director of Shipping at NGO Transport & Environment, doesn't think it possible to reach zero emissions by 2050 without ambitious intermediary targets. | Foto: Transport & Environment

Regulation

Green lobby after US climate proposal: "Europe has buried its head in the sand "

For subscribers

Photo: Damian Dovarganes/AP/Ritzau Scanpix

Ports

West Coast dockworker labor talks strained over lunch-break spat

For subscribers

Methanol could become the preferred fuel for new vessels already in 2023

Carriers preferred methanol when ordering new green vessels in 2023. The fuel could overtake LNG already this year, DNV estimates.

For subscribers

Container

Maersk chair had nothing to do with carrier divestment due to double role

Selling Maersk Supply Service to main owner A. P. Moller Holding was probably the only option for Maersk, according to one analyst.

For subscribers

Bulk

Peter Twiss resigns as CEO of Oldendorff

After almost 28 years at one of the largest bulk carriers, Oldendorff’s CEO is resigning at his own request. The board has appointed a new CEO from within its own ranks.

For subscribers