Terminal tractors line up to offload their containers into a cargo ship at DP World’s fully automated Terminal 2 at Jebel Ali Port in Dubai. Reuters
Despite the challenges facing it owing to the US-China financial spat, frontline trade enabler and a world leader in port terminal operations, DP World, has been making impressive strides in maritime services and free zones.
DP World has announced the completion of its acquisition of a 51 per cent stake in TIS Container Terminal in the Port of Yuzhny, Ukraine. This follows satisfaction of specific conditions including confirmation of regulatory approval from the relevant government authorities.
The patented HBS is an automated container handling system that stacks containers up to eleven storeys high. It delivers more than three times the capacity of a conventional yard with enhanced performance,
Japan and Britain signed a free trade agreement on Friday, the the first such major post-Brexit deal, reducing tariffs on goods as well as auto parts for Japan’s Nissan plant.
Dubai is an exceptional city where the infrastructure and high-quality logistics services are the best of its kind in the region, as well as the most advanced infrastructure communication and technology networks, which give Dubai a competitive edge.
AIM Digital, the first digital edition of the Annual Investment Meeting, the world’s leading investment platform, concluded on a high note as it showcased major activities highlighting its six pillars, namely, Foreign Direct Investment,