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Tag: DP World | Ferry Shipping News

Mar 16
3

PORTS

By | 2025 Newsletter week 11 | No Comments

DP World Achieves Record $20 Billion Revenue in 2024

DP World reported record revenue of $20.0 billion for 2024, a 9.7% increase from the previous year, driven by strong performance in ports, terminals, and logistics. Adjusted EBITDA rose to $5.5 billion, with a margin of 27.2%. Despite a 2.0% drop in profit due to higher finance costs, DP World surpassed 100 million TEU capacity, reinforcing its position as a global trade leader. The company invested $2.2 billion in key growth markets and remains committed to sustainable supply chains, issuing a $100 million blue bond.

Read the full report: link to DP World website

Oct 18
2

DP World Acquires 47,000 TEUs to Boost Capacity

By | 2024 Newsletter week 42 | No Comments

Not ferry related (yet), but DP World has acquired 47,000 TEUs, marking a major boost in its cargo capacity. The containers, branded and registered to DP World, will enhance availability and flexibility for customers, particularly during peak periods. This acquisition supports the company’s fleet renewal strategy, aimed at improving efficiency and reducing operational costs.

The new containers will integrate into DP World’s global logistics network across 78 countries and be transported using fuel-efficient methods, aligning with the company’s sustainability goals. This move strengthens DP World’s ability to provide reliable, resilient supply chain solutions.

Dec 18
1

P&O Ferrymasters and DP World Begin Rolling-Out Integrated Maritime and Logistics Services

By | 2020 Newsletter week 51 | No Comments

P&O Ferrymasters and its parent company DP World announce dthe completion of their first common carrier agreement, to integrate their global maritime and logistics services into a unified customer proposition.

The announcement follows DP World’s acquisition of P&O Ferrymasters in February 2019 and marks the launch of a global rollout of carrier agreements, to combine their multimodal networks, exploit and deploy their global operational coverage and provide comprehensive service packages to customers.

Read more on P&O Ferrymasters