DP World to invest USD 1.9 billion this year

Dubai company DP World will invest USD 1.9 billion in 2015 - twice as much as in 2014, a growth year for the company.

Photo: DP World

Dubai-based DP World, which - like A.P. Moeller-Maersk's port division APM Terminals - operates container terminals across the globe, plans to invest up to USD 1.9 billion in 2015, almost twice as much as in 2014, according to news media Arabian Supply Chain.

The media reports that Chairman Sultan Ahmed bin Sulayem is considering investments in the range of USD 1.4 to 1.9 billion in 2015, in comparison to the USD 1 billion DP World invested during 2014.

Read the whole article

Get 14 days free access.

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

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Several factors explain the plummeting dry bulk rates

Dry bulk rates have taken an unusual dive at the beginning of 2022. Most recently, the Baltic Dry Index dipped by 4 percent Friday. Several factors have triggered a ”panic in the market,” an analyst explains to ShippingWatch.

Further reading

Related articles

Latest news

See all jobs