Subscribe to RSS feedDP World looks for options as volumes tumble
Dubai's DP World saw consolidated first-half volumes at its 49 global box terminals drop 10% to 12.3m teu, while revenues fell 13% to US$1.4bn for the six months to June.
Reviewing options: DP World chief executive Mohammed Sharaf
Chief executive Mohammed Sharaf said that any move to sell a stake in DP World to private equity investors was a decision for the board.
He was responding to questions relating to the operator’s debt-laden majority shareholder, state-owned Dubai World.
Dubai World...
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