DP World upgraded by rating agency

On the same day as the Unifeeder acquisition went through, port company DP World had its credit rating upgraded by the recognized agency Moody's.

DP World to Djibouti: Doraleh concession still valid

DP World insists that a concession arrangement for the container terminal in Doraleh in Djibouti remains valid. The Djibouti government refuses to acknowledge the outcome on an arbitration case in London that sided with the Dubai-based port operator in the dispute.

Last week's top stories on ShippingWatch

DFDS is bracing itself for long lorry queues in Dover after Brexit, bad bunker reached the world's largest bunker port and DSV's guidance upgrade were among this week's top stories on ShippingWatch. Also read about Kontainers, which will challenge startups such as US firm Flexport.

Port giant Hutchison sees trade war as a risk

The world's largest port and terminal company, Hutchison, has performed nicely in the first half of 2018 with improved revenue and operating profit. But the trade war puts a damper on expectations for the rest of the year.

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