Media: DP World in talks to buy Indian shipping and logistics companies

Dubai-based shipping group DP World is allegedly close to securing the acquisition of a shipping and a logistics company in India, writes local business media Hindu Business Line.

Photo: Kamran Jebreili/AP/Ritzau Scanpix

DP World has recently made a number of acquisitions, and now the company is allegedly lining up its next two targets.

Hindu Business Line writes that DP World is in negotiations with the Indian Transworld Group to acquire two of the its shipping companies.

Read the whole article

Get 14 days free access.
No credit card required.

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

DSV CEO on ocean freight: "Currently a flat market"

Despite significant revenue growth in its air and sea division, DSV saw "a flat market" for ocean freight in the third quarter. But CEO Jens Bjørn Andersen doesn't expect a setback in the market. "The goods must be freighted," he says.

Further reading

Related articles

Trial banner

Latest news

See all jobs