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The Latest Breaking News from DP World

P&O owner to attend UK investment summit despite minister’s criticism

Keir Starmer rebuked transport secretary, Louise Haigh, for describing P&O Ferries as a ‘rogue operator’

The Guardian - UK

Starmer distances government from Transport Secretary’s expensive P&O ‘rogue operator’ claim

Keir Starmer admitted to ‘bumps and side winds’ in his first 100 days as prime minister

The Independent UK

Starmer to pledge billions for transport, schools and hospitals in budget

Exclusive: Labour to promise more investment as PM tells Guardian he will not be distracted by ‘side winds’

The Guardian - UK

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P&O Ferries’ owner pulls news of £1bn port investment after ministers criticise firm

Transport secretary denounced DP World over mass sackings while bringing in protections for workers at sea

The Guardian - UK

P&O Ferries pull £1bn UK investment after Labour’s ‘cowboy’ attack

Transport secretary Louise Haigh’s threat to boycott company over firing 800 workers triggers cancellation of announcement for major expansion of London Gateway port ahead of major government summit to attract investors to Britain

The Independent UK

DP World cancels £1billion London Gateway port announcement in row with Labour

Move comes after ministers Angela Rayner and Louise Haigh renewed stinging criticism of DP World subsidiary P&O Ferries

Evening Standard

Who Is Christiaan Bezuidenhout's Wife?

Christiaan Bezuidenhout married his now-wife Kristen in 2021 and the pair have a son together

Golf Monthly

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Dubai-based port operator DP World's half-year profits fall nearly 60%, in part over Red Sea attacks

Dubai-based port operator DP World has reported its half-year profits fell by nearly 60%, in part over the ongoing attacks by Yemen’s Houthi rebels over the Israel-Hamas war that have affected shipping through the Red Sea

The Independent UK

P&O Ferries has paid some crew less than half UK minimum wage

Company is using legal loophole UK government promised to close two years ago, Guardian analysis suggests

The Guardian - UK

Old-fashioned trust and credibility bind India-UAE ties

India and the UAE have a bond where trust and credibility outweigh diplomatic reciprocity and protocol

The Hindu

Store shelves will replenish as port dispute resolves

With DP World's bargaining dispute at an end, deliveries and supermarket stock could soon return to normal but one expert warns this could be short lived.

AAP

Farmers losing international trade in ports dispute

Farmers say they are being 'held hostage' in an ongoing industrial dispute impacting Australian ports, losing money, trade and damaging their export reputation.

AAP

DP World warns of more port strikes due to bargaining

Executives for DP World say new multi-employer bargaining laws would lead to further port strikes across Australia as its own pay dispute continues.

AAP

Tony Burke refuses to intervene in port dispute as he accuses DP World of ‘misguided’ political campaign

Minister rules out using powers to stop industrial action, saying company focusing on ‘media campaign’ instead of negotiating

The Guardian - AU

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AAP

Minister rules out intervening in DP World port dispute

The federal workplace minister has called for unions and stevedore DP World to come to the table to resolve a bitter industrial dispute.

The Guardian - AU

Australian business owner says it risks collapse if DP World ports dispute drags on

‘Desperate’ plea to end standoff comes as IR minister Tony Burke to meet with stevedore responsible for about 40% of country’s container freight

AAP

Albanese urges 'good faith' talks to end port dispute

A dispute between workers and Australia's second largest port operator is costing the economy millions of dollars as Anthony Albanese urges "good faith" talks.

USA Today Sports Media Group

This DP World Tour veteran isn’t sorry to see chief executive Keith Pelley go

Don't let the door hit you on the way out.

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The Guardian - AU

DP World port dispute: how damaging is this to Australia’s economy and will it push up prices?

Supply-chain delays can increase costs in a range of areas and experts say the impact could be significant

AAP

Lift-off for wharfies to strike as pay row hopes sink

Dock workers have permission to strike at some of Australia's busiest terminals in what could trigger major disruptions to the country's supply chains.

Golf Monthly

Keith Pelley To Leave DP World Tour For Role With Canadian Sports Giants

DP World Tour boss Keith Pelley leaves his role and will return to Canada with sports media giants MLSE

AAP

Unions sink calls for government role in port pay clash

A union chief has brushed off suggestions the federal government needs to step in to prevent a maritime workplace dispute worsening.

The Hindu

Ambani, Adani commit huge investments at Vibrant Gujarat Summit

Vibrant Gujarat summit 2024: Mukesh Ambani and Gautam Adani announced a flurry of investment deals at the 10th Vibrant Gujarat Global Summit, which commenced on Jan 10 in Gujarat’s Gandhinagar.

Al Jazeera

Why is Somalia so angry about Ethiopia’s new Red Sea port deal?

Ethiopia’s economy has struggled with no sea access, and an agreement to use a Somaliland port has upset its neighbour.

The Guardian - AU

Waterfront operators’ soaring profit margins prompts concerns from competition regulator

ACCC report finds there may not be enough market pressure on dominant port operators as companies blame high shipping charges for rising prices

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