Our History - DP Worldar.dpworld.com/2012/pdf/DPWorldAR12_OurHistory.pdf · • Dubai Ports...

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06 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. 1972 1979 1991 1999 2000 2002 2003 2004

Transcript of Our History - DP Worldar.dpworld.com/2012/pdf/DPWorldAR12_OurHistory.pdf · • Dubai Ports...

Page 1: Our History - DP Worldar.dpworld.com/2012/pdf/DPWorldAR12_OurHistory.pdf · • Dubai Ports International (DPI) was formed to export DPA’s success internationally. • DPI won the

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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.

1972 1979 1991 1999 2000 2002 2003 2004

Page 2: Our History - DP Worldar.dpworld.com/2012/pdf/DPWorldAR12_OurHistory.pdf · • Dubai Ports International (DPI) was formed to export DPA’s success internationally. • DPI won the

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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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