Middle East

DP World announced it handled 49.6m teu across its 50 terminals in 2010, an increase of 14% against the prior year.

American business students would learn a great deal from DP World’s business model: that’s the conclusion from a group of academics from some of America’s leading universities who visited the company’s HQ…

Saudi Ports Authority has signed a $36m contract to build a dry bulk berth at Yanbu commercial port. Work will take no more than 24 months.

Iran Cooperative Chamber and Chinas Chamber of Commerce in the Middle East have signed a contract which will see the latter build a third-generation port in Iran. This will be in cooperation…

The Port of Salalah has confirmed that it has received bids from 19 companies interested in building a major new general cargo terminal and liquid jetty. The estimated cost is $181m.

In the first nine months of 2010, DP World global traffic rose 15% to 36.7m teu, marking a return to 2008 levels.

Vessel tracking management specialist Transas Marine has signed a “multi-million Euro” VTMS contract with Libyan Ports and Maritime Transport Authority (PMTA). Transas will now supply and install Libya’s national scale Coastal Surveillance…