DP World not afraid to ‘sail close to the wind’


Dubai-based port operator DP World is building a reputation for ’sailing close to the wind’ in terms of the deals it concludes and actions it takes

The two latest deals that fall into this bracket were both announced in late October, namely, a joint venture company set up with Russian nuclear agency Rosatom to develop container shipping through the Arctic and secondly the signing of a 30-year concession to operate Dar es Salaam port.

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