UK banks hold sufficient capital to cope with no-Brexit and Trump trade war, BoE says 

Hitachi commences sale of $5.6 billion chemical unit 

Cybersecurity firm McAfee’s IPO could raise at least $1 billion: Reports 

Hitec Vision, Oman’s Petrogras to acquire Total’s British North Sea oilfields for $635 million

TOP STORIES

DP World Sokhna welcomes its largest container ship to date

DP World CMA CGM Brazil

DP World welcomed the new CMA CGM Brazil is 366 meters long and has a capacity of 15,000 TEUs

Dubai-based port operator and logistics company DP World Sokhna has welcomed its largest container ship to date, the CMA CGM Brazil, which is 366 meters long and has a capacity of 15,000 TEUs.

Ajayy Kumar Singh, chief executive officer of DP World Sokhna told the media, “We were very pleased to welcome the CMA CGM Brazil to Sokhna, and with it being the largest container ship we have received to date, demonstrates our capability and capacity to efficiently handle the largest container ships.”

The CMA CGM Brazil is operated by CMA CGM Line and is deployed on their weekly service from Asia.

Recently, DP World has successfully completed the integration of its logistics acquisition-Unifeeder and Feedertech, the media reported.

The integration of Unifeeder and Feedertech will help DP World improve its global supply chain.

It will also subsequently strengthen the capabilities of DP Word’s main ports in Dubai’s Jebel Ali, and ports in India, Africa and Europe.

Unifeeder, which recently acquired Feedertech, operates feeder and shortsea services around northern Europe and throughout the Mediterranean and Northern Africa regions.

Feedertech also provides similar services that connect ports in South East Asia, the Indian subcontinent and the Middle East.

DP World also completed the acquisition of a 51 percent stake in TIS Container Terminal in the Port of Yuzhny in Ukraine.

Leave a Comment