DP World and Asian Terminal Inc. (ATI) have invested $100 million in significant upgrades at Manila South Harbor, enhancing its role as a vital trade hub. With a 25% increase in annual capacity to nearly two million TEUs, new STS cranes and plans for eco-friendly equipment highlight the region’s growth potential.
DP World has launched the Bharat Africa Setu in partnership with the Government of India to strengthen trade links between India and Africa. The platform will connect the two regions through sea and air connectivity, enabling Indian exporters to reach 53 African countries. The initiative aims to enhance trade efficiency.
DP World’s Mundra International Container Terminal (MICT) saw significant growth in the fiscal year 2024-2025, handling 1,497,228 TEUS, a 13% increase from the previous year. Servicing 762 vessels, the terminal plays a crucial role in advancing India’s global trade network. DP World Mundra also reached its highest monthly volume in March 2025.
In the fiscal year 2024-25, DP World’s Container Terminal in Cochin set a new volume record, handling 834,665 TEUs with an 11% year-on-year growth. Various segments like transshipment, foreign exports, coastal exports, reefer volumes, and single-vessel transactions also achieved new records. The terminal plays a crucial role in regional trade in South and East India.
DP World is set to launch ship-leasing operations in India with the establishment of a subsidiary in GIFT City. The company plans to start with four ships, with options for Indian-flagged and international vessels. With tax incentives and increasing activity in the sector, DP World joins other major players in vessel ownership, operation, and chartering in India.
DP World’s Mundra terminal recently welcomed the first call of the ME11/IMX service under the Gemini Cooperation, enhancing trade links between the Indian Subcontinent, Middle East, and Europe. With 12 vessels and 16,000 TEU capacity, the service offers fast, flexible, and reliable ocean freight transportation, strengthening India’s trade ecosystem and boosting global connectivity.
DP World’s Mundra International Container Terminal (MICT) achieved a significant milestone in 2024, with a record-high throughput of 1.42 million TEUs. This marked an 11% increase from the previous year, showcasing its crucial role in Gujarat and contribution to India’s global trade network. Operational excellence, safety commitment, and sustainability efforts were key factors in this achievement.
DP World Cochin achieved a 17% growth rate last year at the ICTT, handling 840,564 TEU and making it one of the busiest terminals in South and East India. New cranes and expanded space have increased capacity to 1.4 million TEU annually. The launch of the Cochin Economic Zone highlight the terminal’s success.
DP World reported a 17% increase in cargo handling at its Cochin terminal in 2024 due to new equipment and expanded yard space. The terminal reached a record volume of 840,564 TEUs, solidifying its position as a major terminal in South and East India. Additionally, the terminal’s electrification efforts have reduced its carbon footprint.
Dubai-based DP World has launched a $100 million blue bond to support sustainable maritime and water projects, the first of its kind in the Middle East and North Africa. This initiative addresses funding gaps for UN sustainable goals, focusing on SDG 14 and SDG 6. The bond aligns with DP World’s ocean strategy.
MSQ’s summer boating safety campaign targets high-speed boaters and PWC riders, addressing one of Queensland’s “Fatal Five” boating behaviors. Running from December 14, 2024, to February 2, 2025, the campaign focuses on educating boaters on safety regulations, encouraging responsible behavior, and promoting a culture of safety on Queensland’s waterways during the holiday season.
Maersk’s surprising decision to shift container ships from Felixstowe to London Gateway in 2025, in partnership with Hapag-Lloyd, aims to boost industry schedule reliability to 90%. This move will consolidate Asia-Europe and Middle East-Europe trade at the new port, impacting the longstanding 2M alliance with MSC.
DP World has launched a new fleet of prime movers with Electronic Stability Control (ESC) technology, setting a new standard in safety and efficiency. The ESC system ensures stability in challenging conditions, while the Tail Guarding System helps prevent collisions. DP World’s commitment to safety and innovation showcases its dedication to excellence in the industry.
The $25 million modernization project at Batangas Passenger Terminal has doubled capacity to 8 million per year as part of a larger $90 million investment in the port. The transformation will feature new commercial and F&B stores by the third quarter, marking a significant milestone in enhancing travel experiences for Filipinos.
Following Stories compiled in this News Digest for the week from 17 Oct 2021 to 24 Oct 2021 in descending…
