DP World looking to get back on the Russian market

One of the world's four largest terminal operators, Dubai-based DP World, had to leave the Russian market when APM Terminals and Global Ports joined forces. Now DP World is looking to get back in, the company tells ShippingWatch.

Photo: Mikhail Metzel

DP World, the world's third-largest port terminal operator, wants to get back on the Russian market. Therefore, the company is frequently looking at all the major ports on the expansive and promising market, ready to make a move if the right opportunity comes along.

The Dubai-based company with headquarters in London has previously been present in the Russian market, with activities in Vostochnaya, near Vladivostok, on the Russian Pacific Coast. But DP World opted to withdraw from the strategically important port, and thus the entire Russian market, when its partner, Russian Global Ports, sold 37.5 percent of its shares to Maersk-controlled APM Terminals last year.

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