DP World in Rotterdam deal
United Arab Emirates: Tuesday, September 18 - 2007 at 07:00
A consortium led by DP World yesterday has signed a deal to develop and manage a new container terminal in Rotterdam that will boost the port's current container handling capacity by 40%, reported Gulf News. The Dubai firm holds a 30% stake in the 900-million euro Rotterdam World Gateway terminal. DP World's partners in the deal are APL of Singapore, Mitsui OSK Lines of Japan, Hyundai Merchant Marine of South Korea and French shipping line CMA CGM.
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Jeff Florian, Senior ReporterTuesday, September 18 - 2007 at 07:00 UAE local time (GMT+4)
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