DP World to restructure Indian investment

DP World is to restructure the way it makes investment in its Indian container terminals.

Previously, all investment in the three terminals it inherited from P&O Ports was routed via Mauritius, however this means of doing business has recently been criticised, prompting a proposed restructuring.

One possibility is that a wholly Indian holding company will be established into which all its assets will be put.

Hindustan Ports, the special purpose vehicle set up to handle investment at its new JNPT facility, may well be the starting point for this.

LATEST PRESS RELEASES

New Fourth Generation (4G) Performance Pack Upgrade for Existing Echoscope® Users

The new Echoscope® 4G Performance Pack Upgrade presents an opportunity for our existing customers to... Read more

Coda Octopus Products Selected to Collaborate on One of Five Premier Scottish-Japanese "Joint Ocean Innovation" Strategic Subsea Projects

The Nippon Foundation and Scottish Enterprise R&D Program provides funding of up to $32 million over... Read more

ShibataFenderTeam Agent Network is growing

ShibataFenderTeam permanently sustains and develops its agent network. Read more

Mannion Marine Limited Launched

Martin Mannion, former AECOM head of ports EMIA region, has launched Mannion Marine Limited, offerin... Read more

Propulsion and Future Fuels Conference 2018

On August 29, 2018 the Shibata Industrial Management Board celebrated the inauguration of the Group’... Read more

Ci5 is coming to Marseille-Fos!

15 days to go… From 16 October, the port communities of Marseille-Fos and Lyon in the port hinterlan... Read more

View all