About DP World

DP World PLC, together with its subsidiaries, engages in the business of development and management of international marine and inland terminal operations, maritime services, maritime transport, industrial parks and economic zones, logistics services and investment in technology-driven trade solutions. The company is a subsidiary of Port & Free Zone World FZE. The company strengthened its marine services by completing the acquisition of Topaz Energy and Marine Limited, an international logistics provider to the energy industry, and proceeded to combine it with its existing business P&O Maritime Services to form P&O Maritime Logistics. The new entity will provide services to offshore oil and gas industry together with the ownership and management of specialist vessels, offshore renewables, river barging, chartering and port services. Meanwhile, the company’s Unifeeder A/S subsidiary announced a 77% stake in the Feedertech Group, the latest step in its vision to build logistics capability across the supply chain and to serve the needs of shipping lines and cargo owners. It will expand the company’s feedering and short sea services to multiple geographies – from Europe to connect the fast-growing trade route of Asia to the Middle East via India. Unifeeder has the capability to offer feedering and short sea connectivity in northern Europe, the Mediterranean, North Africa and now Asia and the Indian Subcontinent. The company handled 71.2 million TEU (twenty-foot equivalent units. In South America, the company expanded its operations by acquiring Puertos y Logistics S.A, (Pulogsa) in Chile, which operates a long-term concession for Puerto Central (PCE) in San Antonio, in Chile’s Central Region V, as well as owning and operating Puerto Lirquen (PLQ) in the south of the country. These new assets will allow the company to serve cargo owners and shipping lines at five key gateways on the west coast of South America in Posorja (Ecuador), Callao, Paita (Peru) and San Antonio and Lirquen (Chile). In Peru, the company realised a fully integrated maritime and logistics operations with logistics hubs, warehouses, bonded storage and trucking services to connect with its existing operations at the Port of Callao, the major gateway for the country’s import and export container traffic. The company is also developing a ‘smart’ wholesale and retail traders’ market in Dubai’s Jebel Ali free zone. A joint venture with Zhejiang China Commodity City Group Company in the Traders Market project with construction underway and expected to be completed within 24 months. The company is a full logistics operator in Peru. Its operations evolved in the space of two years from a greenfield terminal into a fully integrated maritime and logistics hub for South America. The company acquired Cosmos Agencia Maritima S.A.C., which offers maritime services. Neptunia S.A and Triton Transport S.A, which run logistics hubs, warehouses, bonded storage and trucking. All of these have been brought together under the brand DP World Logistics. The company announced its partnership with Zhejiang China Commodity City Group Company LTD to develop the ‘Traders Market’ in Jebel Ali Free Zone, with a 70/30 majority share in the joint venture. The company owns Topaz Energy and Marine Limited, a leading international critical logistics and solutions provider to the global energy industry. The company operates a modern, versatile fleet of 117 vessels, predominantly in the Caspian Sea, MENA, and West Africa regions. Topaz’s operations will sit under the company’s P&O Maritime Logistics business, which maintains over 300 vessels globally. BOXBAY is a container-based storing and handling solution that is all set to revolutionize the storage system at ports. BOXBAY is an international joint venture launched by the company and SMS Group. From transforming a greenfield terminal into a fully integrated maritime and logistics hub, the company has become a major player in South America with a network of terminals in Peru, Argentina, Ecuador, Chile, Brazil and Suriname. The company also operates several container terminals in Brazil’s Port of Santos and Argentina’s Terminales Rio de la Plata. The company offers an undisputed gateway for Peru’s import and export container traffic, as well as the central point for regional transhipments. The company also owns a major stake in Puerto y Logistica S.A (Pulogsa) in Chile. Pulogsa operates a long-term concession for Puerto Central (PCE) in San Antonio, one of Chile’s largest container ports, in addition to owning and operating Puerto Lirquen (PLQ) in the south of the country. In Suriname, the company has also invested in Integra Port Services (IPS) and Suriname Port Services (SPS). IPS is the largest terminal operator at Nieuwe Haven and SPS is a freehold break-bulk facility that specialises in handling mining and logging equipment, offshore supply and cement. The company also operates several container terminals in Brazil’s Port of Santos and Argentina’s Terminales Rio de la Plata. History DP World PLC, formerly known as DP World Limited, was founded in 1972. The company was incorporated in 2006.

Industry:
Water transportation
Founded:
1972
IPO Date:
11/26/2007
ISIN Number:
I_AEDFXA0M6V00
Address:
Jebel Ali Free Zone, JAFZA 17, PO Box 17000, Dubai United Arab Emirates
Phone Number
971 48 08 08 00

Key Executives

CEO:
Bin Sulayem, Sultan Ahmed
CFO
Narayan, Yuvraj
COO:
Data Unavailable