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DP World gains, upgrades ports asset management
- United Arab Emirates: Monday, May 13 - 2013 at 16:13
The FTSE NASDAQ Dubai UAE 20 Index closed 0.14% higher at 2,500.08 points Monday. Dubai Ports (DP) World gained 0.32% to reach $15.62. Yesterday, the world's third biggest maritime port operator said it transformed the asset management of its entire global port network. "The new Asset Management Framework brings together all assets under one system, from quay and yard cranes, terminal yards, and berth equipment, to energy supply outlets and plant machinery." DP World Group Chief Executive Mohammed Sharaf said the programme will roll out over three years, "and it will establish a consistent and co-ordinated approach to manage our substantial assets across our global portfolio."
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Gérard Al-Fil, Financial JournalistMonday, May 13 - 2013 at 16:13 UAE local time (GMT+4)
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