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The Latest Breaking News from DP World

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.

The Hindu

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.

Al Jazeera

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

The Guardian - AU

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Kochi celebrates 50 years of container operations

Kochi celebrates 50 years of container ship arrival. In November 1973, MV President Tyler discharged the first container in Kochi. Later, Cochin Port Trust launched Rajiv Gandhi Container Terminal which handled 1.68 lakh TEUs. In 2011, DP World established 1st transshipment terminal in SEZ on Vallarpadam island. Last year, throughput…

The Hindu

Union call for probe into 'appalling' port cyberattack

Pressure is mounting for an investigation into what a port operator knew about the risks of a cyberattack that affected thousands of container deliveries.

AAP

Australia’s critical infrastructure under regular and rising attack from hackers, ASD warns

Signals Directorate says infrastructure of interest to malicious actors because of its broad attack surface and connected systems

The Guardian - AU

Has the cyberattack on DP World put Australia's trade at risk? Probably not ... this time

Australians getting ready for Christmas this week had reason to believe even the best of preparations were not enough after a cyberattack hit all its major ports.

The Conversation

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Major cyberattack on Australian ports suggests sabotage by a 'foreign state actor'

A serious cyberattack has disrupted operations at several of Australia’s largest ports, causing delays and congestion. Late on Friday, port operator DP World detected an IT breach that affected critical systems used to coordinate shipping activity.

The Conversation

'Alarming': big gaps in organisations' cyber security

The corporate regulator has called on organisations to prioritise cyber security after a survey revealed significant threats to the private data of Australians.

AAP

Industrial action compounds port cyber-attack fallout

Major ports are almost back to full capacity following a large-scale cyber attack, with attention turning to industrial action threatening further disruptions.

AAP

Australia locks down ports after ‘nationally significant’ cyberattack

Operator DP World Australia says teams ‘working diligently to contain the situation and determine impact’

The Independent UK

Morning Mail: Israeli airstrike on refugee camp, ports in a tax storm, Boris Johnson a ‘trolley’

DP World has paid no tax in Australia despite revenue of $4.5bn over eight years, Israel confirms an airstrike on a Gaza refugee camp

The Guardian - AU

Fires in Queensland tropics – as it happened

This blog is now closed.

The Guardian - AU

Major multinational port operator paid zero tax in Australia while raking in billions

Exclusive: DP World, part-owned by the Dubai government, may have ‘artificially reduced profits’, a new report claims

The Guardian - AU

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The Independent UK

Tanzania signs a controversial port management deal with Dubai-based company despite protests

Tanzania's government has signed a controversial port management deal with a Dubai-based company that had fueled protests in the African country and led to arrests of dozens of critics

The Hindu

NAFFCO Group to invest ₹700 crore, DP World ₹215 crore for setting up facilities in Telangana

Telangana continues to be an attractive investment destination for reputable firms, with two more companies announcing their plans to invest in the State. NAFFCO Group, a U.A.E.-based producer of firefighting equipment, and DP World, a leader in global supply chain solutions, have expressed willingness to invest a combined ₹915 crore…

The Conversation

Somaliland: Berbera city's growth is being held back by a power supply monopoly

Somaliland’s main port, at the city of Berbera, accounted for two-thirds of the country’s revenues in 2020. Over the years, these revenues have mostly gone into the central state coffers, while the development of Berbera has been neglected.

The Guardian - UK

Rahm admits players feel sense of betrayal over deal with Saudi Arabia

Jon Rahm believes there is a feeling of ‘betrayal’ among the golfers after the the PGA and DP World tours’ deal with Saudi Arabia’s Public Investment Fund

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Daily Mirror

LIV Golf stars receive insight into Ryder Cup status and reinstatement in leaked letter

The likes of Ian Poulter, Sergio Garcia and Lee Westwood have been informed on their Ryder Cup eligibility after the DP World Tour and PGA Tour merged with LIV Golf

The Week

PGA Tour-LIV shock merger: winners and losers from golf’s unification

It was an announcement that shocked the world of golf. After a bitter civil war, the PGA Tour, DP World Tour and the Saudi Arabia-backed LIV Golf series revealed yesterday that a “landmark agreement” had been reached to “unify the game of golf” on a “global basis”.

Daily Mirror

Sergio Garcia not 'paying attention' to LIV sanctions despite Ryder Cup future at stake

Sergio Garcia was one of Europe's big names to join LIV Golf last summer, but the Spaniard has admitted he is paying no attention to the DP World Tour's recent sanctioning of LIV players

The Guardian - UK

P&O Ferries: prospect of fine over mass sackings is ‘less than remote’

Dubai-owned ferry operator predicts inquiry into its sacking of 786 workers last year will not result in ‘related economic outflow’

Wales Online

P&O bosses confident it will avoid fine for sacking 800 staff without notice

A union said it would be a 'scandal'

Insider UK

Bosses at P&O Ferries confident of avoiding fine for mass sackings

Some 786 P&O workers were made redundant without consultation

The Guardian - UK

DP World Tour wins landmark arbitration case against LIV Golf rebels

The DP World Tour was correct to impose sanctions on members who appeared on the rebel LIV circuit without permission, an arbitration panel has determined

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