Our History - DP Worldar.dpworld.com/2012/pdf/DPWorldAR12_OurHistory.pdf · • Dubai Ports...
Transcript of Our History - DP Worldar.dpworld.com/2012/pdf/DPWorldAR12_OurHistory.pdf · • Dubai Ports...
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DP World Annual Report 2012
Our History
• First stage of Port Rashid (UAE) was completed.
• DPI won the management contract for Djibouti Port, expanding into Africa.
• Jebel Ali Port (UAE) opened. • DPI won the contract to operate a new container terminal at Visakhapatnam Port (India).
• Port Rashid and Jebel Ali Port merged to form Dubai Ports Authority (DPA).
• DPI entered Europe after it won the contract to operate a new container terminal at Constanta (Romania).
• Dubai Ports International (DPI) was formed to export DPA’s success internationally.
• DPI won the contract to manage Jeddah Islamic Port (Saudi Arabia).
• DPI acquired CSX World Terminals, expanding from a regional to a global operator. The deal completed in early 2005.
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DP World Annual Report 2012
BUSINESS ovErvIEw
corporate governance
FINANCIAL STATEMENTS
• DP World acquired P&O and became the third largest port operator in the world.
• DP World invested in Tianjin Port (China) and started construction at Doraleh Container Terminal (Djibouti). It also won the concession to develop a new container terminal at the Port of Callao (Peru).
• DP World started infrastructure work at DP World London Gateway (United Kingdom).
• DP World officially inaugurated DP World Callao (Peru).
• The Company was listed on NASDAQ Dubai.
• DP World officially inaugurated Terminal 2 at Jebel Ali Port, Dubai (UAE) and signed an agreement for the development of Rotterdam World Gateway (Netherlands).
• DP World added Tarragona (Spain), Dakar (Senegal) and Sokhna (Egypt) to its portfolio.
• DP World increased its shareholding in Chennai (India) and Karachi (Pakistan).
• DPI was rebranded under the name of DP World and separated from DPA. Going forward DP World was responsible for all ports related commercial activities.
• Greenfield sites at Yarimca (Turkey), Qingdao (China) and Vallarpadam (India) were added to the DP World portfolio.
• DP World was contracted to provide operations and maintenance logistics for Pusan Newport Company (South Korea).
• DP World opened new terminals at Doraleh (Djibouti), Algiers and Djen-Djen (Algeria) and Ho Chi Minh City (Vietnam).
• DP World entered a partnership to acquire a majority stake in the greenfield development of Embraport, Santos (Brazil).
• DP World opened its new one million TEU (Phase 1) capacity terminal at Vallarpadam (India).
• DP World expanded its portfolio with two new terminals at Paramaribo (Suriname).
• DP World listed on the London Stock Exchange.
• DP World and Citi Infrastructure Investors formed a strategic partnership to manage and operate five terminals in Australia.
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