DP World
Emirati multinational logistics company
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March 2025 | Began expansion work on London Gateway to make it the UK's largest container port. |
2025 | DP World will sponsor the Fremantle Dockers jersey, positioning their logo above the number. |
2023 | DP World became a Sponsor of the Fremantle Dockers in the Australian Football League, sponsoring the team's shorts. |
November 2023 | DP World experienced a significant cyberattack in Australia that paralysed imports and exports for several days. The attack impacted approximately 40% of Australia's container trade, creating a backlog of 30,000 containers and resulting in data theft. |
March 2023 | Sold shares in Le Havre terminals and consolidated operations in Marseille-Fos Port with 50:50 ownership. |
February 2023 | DP World announced a partnership agreement with McLaren, becoming the lead partner of McLaren APEX, the team's off-track business-to-business event programme. |
2022 | DP World was the title sponsor for the 2022 Asia Cup. |
2022 | DP World sponsored the Dubai Turf event. |
March 17 2022 | P&O Ferries, owned by DP World, abruptly terminated employment of 800 UK staff via a video call, replacing them with third-party contracted workers. The mass redundancy was conducted without consultation with trade unions, overseen by ex-military security guards, and led to the immediate suspension of ferry operations. |
January 3 2022 | DP World began construction on a US$1.13 billion deep-water port at Ndayane, Senegal, with President Macky Sall laying the foundation stone. The port project is a joint venture between DP World and the Port Authority of Dakar, with the first phase including 840 metres of quay and a 5 kilometres marine channel designed to handle 366-metre vessels. |
2021 | DP World sponsored the yacht Maiden on her world tour, which will run from 2021 to 2024. |
November 2021 | DP World invested US$400 million in the European Tour, becoming the tour's new title sponsor and renaming it to the DP World Tour. |
October 2021 | DP World unveiled its new corporate identity, coinciding with the launch of Expo 2020, where it is an official premier partner. |
May 2021 | Abdulla Bin Damithan was appointed as CEO and managing director of UAE business. |
March 2021 | The company reported a 29% profit drop compared to 2019, attributing the decline to the COVID-19 pandemic. |
2020 | DP World became the Global Logistics Partner for the Royal Challengers Bangalore team in the Indian Premier League. |
2020 | DP World became the Global Logistics Partner and title sponsor for Renault F1 Team, renaming the team to Renault DP World F1 Team for the season. |
June 2019 | DP World signed strategic agreements with the Russian Direct Investment Fund, ROSATOM, and Norilsk Nickel to develop the Northern Sea Route. |
February 20 2019 | DP World announced the repurchase of P&O Ferries from Dubai World for £322 million. |
March 1 2018 | Ethiopia became a major shareholder in the Berbera Port project, with DP World holding 51% stake, Somaliland 30%, and Ethiopia 19%. The agreement includes plans to develop the Berbera Corridor as a trade gateway and construct an additional port berth. |
2016 | The company expanded its business strategy beyond being primarily a global port operator, beginning to acquire companies across different segments of the logistics value chain. |
2016 | DP World reached a US$442 million agreement with the government of Somaliland to enhance and operate the Port of Berbera, including plans to set up a free zone. |
June 2012 | DP World convened the second high-level, public-private counterpiracy conference in Dubai, focusing on strengthening partnerships between public and private sectors to combat piracy off the coast of Somalia. |
April 2011 | Moody's upgraded DP World's financial status to 'investment grade'. |
April 2011 | DP World hosted the inaugural counter-piracy conference, marking the first time companies financially supported the UN counter-piracy trust fund. The event was attended by over 65 governments, international organizations including the UN, and more than 120 maritime industry leaders. |
December 2010 | DP World began a series of asset disposals, strategically exiting markets where it lacks significant presence and seeking to redeploy funds in fast-growing markets. |
February 2010 | DP World began construction of the £1.5 billion London Gateway port, with work starting in February. |
This contents of the box above is based on material from the Wikipedia article DP World, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.