AD Ports faces DP World in Luandan venture
The prospect of neighboring port operators from Dubai and Abu Dhabi locked in competition within ...
Ukraine’s government body, National Agency on Corruption Prevention, has added Emirates president Tim Clark to its blacklist of ‘international war sponsors’.
Ukraine has been incensed by DP World’s MoU agreement with Russian energy company Rosatom, to develop a northern sea route, a strategic project that Rosatom claims will bring $224bn to the Russian budget. But Ukraine claims the deal “benefits the terrorist state from cooperating with DP World”.
Mr Clark is a non-executive director of DP World, which sent its chief executive Sultan Ahmed Bin Sulayem to a signing ceremony in St Petersburg in June, at the behest of the UAE government. Emirates still flies to Moscow and St Petersburg.
DP World told The Loadstar in a statement: “We are aware of the actions of the NACP. DP World complies with all international sanctions related to the Russian invasion, actively assists those affected in Ukraine, and supports a prompt and peaceful resolution to this devastating conflict. We are engaging with the relevant stakeholders in Ukraine through the appropriate channels to resolve the matter.”
Etail by air – here to stay or on a short shelf life?
HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
The rise and rise of China's ecommerce platforms
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
DSV chief reticent on Schenker: the focus on growing market share
Another strong month for US ports as container flows continue to rise
MSC redeploys 'Israel-linked' box ships away from Persian Gulf
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article