Analysis: DP World – hooked on a feeling
Let the music play…
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
As Dubai box terminal operator DP World announces that volumes across its global portfolio of operations rose by 9% in the first nine months of the year, comes news that it is also investigating the possibility of building a new facility in Bangladesh, at the request of the Bangladeshi government. The country has long been without modern box handling facilities, replying on its own deepsea port of Chittagong, where congestion is an almost constant irritant. Plans for Chittagong’s expansion have been on and off for nearly two decades or more, and perhaps the best thing for Bangladesh, which is a hugely important source of textiles for the world’s clothing retailers, would be a clean start at Payra.
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