The great thing about DP World is that every time it deals – take its delisting or previous string of acquisitions – you keep banging your head against the wall, trying to make strategic sense of a strategy that appears to exist in a vacuum.

Here we go 

Start from the 51% stake it bought last year in TIS Container Terminal in the Port of Yuzhny, Ukraine. And just before that, its rumoured interest in Russian container carrier Fesco.

And then the takeovers of Unifeeder (mid-2018) and Feedertech ...

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