Hutchison Ports Pakistan has announced the formal inauguration of its purpose-built, deep-water container terminal in the Port of Karachi – the first of its kind in the country yesterday. The ceremony was led by the Prime Minister of Pakistan, Shahid Khaqan Abbasi, demonstrating the importance of the terminal to Pakistan’s development.

The new cruise passenger terminal at DP World Limassol has been inaugurated by Cyprus President, His Excellency Mr. Nicos Anastasiades; Minister of Transport, Communications and Works, Mrs. Vassiliki Anastassiadou; the Mayor of Limassol, Nicos Nicolaides and DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem.

DP World signed a Memorandum of Understanding (MoU) for a strategic skills development programme, which will focus on leadership and business management with the renowned Erasmus University, in Rotterdam, the Netherlands. It said that developing the next generation of business leaders, is key to the sustainable success of any company.

Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum today attended the launch of DP World Cargospeed, a new global company created through a partnership between global trade enabler DP World and Virgin Hyperloop One, to provide hyperloop-enabled cargo systems to support the fast, sustainable and efficient delivery of palletised cargo.

Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum today attended the launch of DP World Cargospeed, a new global company created through a partnership between global trade enabler DP World and Virgin Hyperloop One, to provide hyperloop-enabled cargo systems to support the fast, sustainable and efficient delivery of palletised cargo.

A high level Iranian delegation of 30 members led by Federal Minister for Roads and Urbanization of Iran, His Excellency Mr. Abbas Akhundi, visited Karachi Port Trust on 13th April 2018 to explore avenues available under the CPEC regime in Pakistan.

Karachi Port Trust (KPT) has said on April 07 that a molasses leakage incident took place in a private terminal “Pakistan Molasses Company (PMC)” yard at (Shireen Jinnah Colony), near Karachi port yesterday. The terminal is a private entity, however, KPT has provided all rescue and medical support to the terminal and the Crisis Management Center of KPT immediately started rescue operations.

DP World has won a 30-year concession with an option of a further 20-year extension for the management and development of a greenfield multi-purpose port project at Banana, Democratic Republic of the Congo (DRC). The Port of Banana will be the first deep-sea port in the country along its small coastline of 37 kilometres, which currently only has the riverine port of Matadi.

Global trade enabler DP World and the government of Kazakhstan signed two framework agreements in Abu Dhabi today relating to the acquisition, governance and management of Special Economic Zones (SEZ) in Aktau and Khorgos. DP World has been providing management services to the Port of Aktau, Kazakhstan’s main cargo and bulk terminal on the Caspian Sea, and Khorgos SEZ, which is strategically situated on the China-Kazakhstan border and has been acting as the primary transit point for trans-Eurasian cargo trains for more than four years.

Karachi Port Trust said today that after accident, which occurred at South Asia Pakistan Terminal Limited (SAPTL, near Karachi port on March 19, involving container vessel Tolten and container vessel Hamburg Bay, the operations at SAPTL are ongoing as per normal after a little pause.