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You are here: Home Archive 2009 December Weekly Edition 3rd December 2009 World watches Dubai debt dilemma for ports goliath

World watches Dubai debt dilemma for ports goliath

by Rob McKay and Roger Hailey last modified Dec 04, 2009 11:59 AM

AFTER a flurry of speculation last week on DP World’s future, sparked by parent Dubai World’s call for a debt payment delay, port analysts have poured cold water on expectations that the international container terminals firm could be sold.

One strongly-held view at the Lloyd’s List DCN Australian Shipping and Transport Awards in Sydney last week was that investment by the profitable international ports arm may halt. This would allow a large east Asian ports operator, such as Singapore’s...

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