DP World explained

DP World
Arabic: موانئ دبي العالمية
Type:Private[1]
Location:Dubai, United Arab Emirates
Num Employees:101,440[2]
Industry:Logistics
Products:Logistics services, port services, marine services, freezones
Revenue: US$18.25 billion[3]
Income Year:2023
Profit: US$1.03 billion (2023)
Revenue Year:2023
Operating Income: US$5.1 billion

DP World is an Emirati multinational logistics company based in Dubai, United Arab Emirates. It specialises in cargo logistics, port terminal operations, maritime services and free trade zones. Formed in 2005 by the merger of Dubai Ports Authority and Dubai Ports International, DP World handles 70 million containers that are brought in by around 70,000 vessels annually. This equates to roughly 10% of global container traffic accounted for by their 82 marine and inland terminals present in over 40 countries. Until 2016, DP World was primarily a global port operator, and since then, it has acquired other companies up and down the value chain.

History

Early history

Dubai Ports International (DPI) was founded in 1999.[4] Its first project was at Jeddah, Saudi Arabia, collaborating with a local partner on the South Container Terminal (SCT). DPI then began operations at the ports of Djibouti in 2000, Vizag, India in 2002 and Constanța, Romania in 2003.[4] In January 2005, DPI acquired CSX World Terminals (CSX WT).[5] It was later, in September 2005 that Dubai Ports International officially merged with the Dubai Ports Authority to form DP World.[6] The rapid expansion through acquisition continued in March 2006 when DP World purchased the fourth largest ports operator in the world, P&O for £3.9 billion.

2006: US Port security

See main article: article and Dubai Ports World controversy. The ownership of various US ports by DP World (which had been acquired as part of the P&O deal) was seen as controversial by many in the United States even though it was supported by the US president George W. Bush; the US ports were sold shortly afterwards.

P&O operated major US port facilities in New York, New Jersey, Philadelphia, Baltimore, New Orleans, and Miami. Before the deal was secured, the arrangement was reviewed by the Committee on Foreign Investment in the United States headed by the US Treasury Department and including the Departments of State, Commerce, and Homeland Security. It was given the green light, but soon after, both Democratic and Republican members of Congress expressed concern over the potential negative impact the deal would have on port security.

On 22 February 2006, President George W. Bush threatened to veto any legislation passed by Congress to block the deal, which would be the first time in his presidency he would exercise the privilege. In a statement to reporters, Bush claimed, "It would send a terrible signal to friends and allies not to let this transaction go through."[7] On 23 February 2006, DP World volunteered to postpone its takeover of significant operations at the seaports and on 9 March 2006, is said that it would transfer its operations of American ports to a "US entity".[8]

The United States House of Representatives held a vote on 16 March 2006 on legislation that would have blocked the DP World deal, with 348 members voting for blocking the deal, and 71 voting against.[9] DP World later sold P&O's American operations to American International Group's asset management division, Global Investment Group for an undisclosed sum.[10]

In August 2006, DP World signed an agreement with the Port Qasim Authority, to invest in a new container terminal at Port Muhammad Qasim near Karachi and announced that it was in discussions with the Pakistani Government about the development of a container terminal at Gwadar in Balochistan.[11] DP World had been favourite to win the Gwadar concession, but withdrew from the bidding.[12] Gwadar Port was subsequently awarded to PSA (Port of Singapore Authority) and opened in March 2007.[13]

2007–2010: NASDAQ Dubai listing

In June 2007 the company raised $3.25 billion in Islamic and conventional bond sales to refinance existing debt and fund expansion[14] and issued 3.818 billion shares, representing 20% of the company on the NASDAQ Dubai stock exchange in November 2007 in what was the Middle East's largest initial public offering (IPO) which raised 4.96 billion dollars.[15]

By 2008 the company was handing 46.8 million TEU worldwide, up 8% on 2007, with expansion and development projects in India, China, the Middle East, and elsewhere. Capacity was expected to rise to around 95 million TEU over the next ten years.

In December 2009 Moody's downgraded DP World's financial status to junk after the Dubai 2009 debt standstill.[16]

2010–2022: COVID-19 and corporate rebrand

In the second quarter of 2010 DP World gave the go-ahead for construction of the £1.5 billion London Gateway port.[17] [18] Work started in February 2010[19] with the port due to open in the fourth quarter of 2013. By April 2011, Moody's upgraded DP World's financial status to 'investment grade'.[20] Since December 2010, DP World has undertaken a series of asset disposals, exiting markets where it does not have a significant presence and seeking to redeploy funds in fast-growing markets.[21]

On 20 February 2019, DP World announced it had repurchased P&O Ferries from Dubai World in a £322m deal.[22]

In June 2019 DP World signed agreements with the Russian Direct Investment Fund, ROSATOM, and Norilsk Nickel aiming to develop the Northern Sea Route.[23]

In March 2021, the company said that, due to the COVID-19 pandemic, it had witnessed a drop of its profits by 29% comparing to 2019.[24]

In May 2021, Abdulla Bin Damithan was appointed as CEO and managing director of UAE business.[25]

In October 2021, coinciding with the launch of Expo 2020, DP World unveiled its new corporate identity.[26] DP World is an official premier partner of Expo 2020.

2022: UK mass redundancy

On 17 March 2022, P&O Ferries sacked its entire British work force and abruptly suspended its operations, cancelling all sailings and offloading passengers and cargo. Eight hundred UK staff were told in a video call that their employment was "terminated with immediate effect due to redundancy", and that their work would in future be undertaken by staff contracted to a third-party supplier. A spokesman for the National Union of Rail, Maritime and Transport Workers said that there had been no consultation with the staff or trade unions.[27] Staff on some ferries refused to leave their vessels. Some replacement staff, unaware of the circumstances or location of their deployment, declined to work,[28] and a recruitment agency who supplied replacement staff said that they were unaware of the plans.[29]

The method of the expulsion, overseen by ex-military security guards, has been criticised by government and business leaders, and Mark Russell, a non-executive director of DP World, resigned afterwards in disagreement. P&O Ferries had recently seen losses during the COVID-19 pandemic as well as deficits in its pension fund. Industry sources have also cited its high overheads and competition from Irish Ferries as contributory factors. Verity Slater, expert in maritime employment law at Stephens Scown, commented that P&O may not have to follow UK employment laws, since some of its ships are not registered in Britain.[30]

2023: Cyberattack in Australia

In November 2023, a cyberattack on DP World paralysed imports and exports in Australia for several days. DP World accounts for about 40% of Australia's imports and exports, leading to a 30,000-container backlog; additionally, data was stolen.[31] [32]

Location of DP World's operations

DP World has a portfolio of 78 operating marine and inland terminals supported by over 50 related businesses in 40 countries across six continents.[33]

The table below lists current terminals and new developments managed by DP World.[34]

PortCityCountryType
DP World Hong KongHong KongContainer Terminal
Terminal Petikemas SurabayaSurabayaContainer Terminal
ATI BatangasBatangasContainer Terminal
Port of Manila – South Harbor (MNS)ManilaContainer Terminal
Pusan Newport CompanyPusanContainer Terminal
Laem Chabang International Terminal (LCIT)Laem ChabangContainer Terminal
Saigon Premier Container Terminal (SPCT)Ho Chi Minh CityContainer Terminal
DP World ChennaiChennaiContainer Terminal
DP World CochinKochiContainer Terminal
DP World KulpiKulpiNew Development and Major Expansion
Mundra International Container Terminal MICTMundraContainer Terminal
DP World Nhava ShevaNhava ShevaContainer Terminal
Visakha Container TerminalVisakhapatnamContainer Terminal
Qingdao Qianwan Container TerminalQingdaoContainer Terminal
Qingdao New Qianwan Container TerminalQingdaoContainer Terminal
Qingdao Qianwan United Container TerminalQingdaoNew Development and Major Expansion
QingdaoNew Development and Major Expansion
TianjinContainer Terminal
Yantai International Container TerminalYantaiContainer Terminal
DP World KarachiKarachiContainer Terminal
Terminales Rio de la PlataBuenos AiresContainer Terminal
Empresa Brasileira de Terminais Portuários (EMBRAPORT)SantosNew Development and Major Expansion
DP World Vancouver – Stevedoring DivisionVancouverNon-Container Terminal
DP World Vancouver – Container DivisionVancouverContainer Terminal
DP World NanaimoNanaimoContainer Terminal
DP World Saint JohnSaint JohnNew Development and Major Expansion
DP World CaucedoCaucedoContainer Terminal
DP World CallaoCallaoContainer Terminal
DP World ParamariboParamariboNon-Container Terminal
DP World ParamariboParamariboContainer Terminal
DP World BrisbaneBrisbaneContainer Terminal
DP World FremantleFremantleContainer Terminal
DP World MelbourneMelbourneContainer Terminal
DP World SydneySydneyContainer Terminal
DP World DjazairAlgiersContainer Terminal
DP World Djen DjenJijelContainer Terminal
Port Autonome International de Djibouti PAIDDjiboutiContainer Terminal
Doraleh Container Terminal (DCT)DoralehContainer Terminal
Maputo Intermodal Container Deport (MICD)MaputoNon-Container Terminal
DP World Cargo Services MozambiqueMaputoNon-Container Terminal
DP World MaputoMaputoContainer Terminal
DP World Dakar – Terminal à ConteneurDakarContainer Terminal
DP World Cargo Services – Cape TownCape TownNon-Container Terminal
DP World Cargo Services – DurbanDurbanNon-Container Terminal
DP World Cargo Services – Port ElizabethPort ElizabethNon-Container Terminal
DP World Cargo Services – Richards BayRichards BayNon-Container Terminal
DP World Dakar – Port du FuturDakarNew Development and Major Expansion
Antwerp GatewayAntwerpContainer Terminal
DP World Antwerp – DelwaideAntwerpContainer Terminal
Beverdonk Container TerminalAntwerpContainer Terminal
EUROFOSFosContainer Terminal
FOS 2xLFosNew Development and Major Expansion
Terminal de FranceLe HavreContainer Terminal
Quai des AmériquesLe HavreContainer Terminal
Quai de l'EuropeLe HavreContainer Terminal
DP World GermersheimGermersheimContainer Terminal
Rotterdam World GatewayRotterdamNew Development and Major Expansion
DP World ConstanțaConstanțaContainer Terminal
DP World Novi SadNovi SadNew Development and Major Expansion
DP World TarragonaTarragonaContainer Terminal
DP World YarimcaYarimcaNew Development and Major Expansion
DP World London GatewayStanford-le-HopeNew Development and Major Expansion
DP World SouthamptonSouthamptonContainer Terminal
DP World SokhnaSokhnaContainer Terminal
DP World Sokhna (new development)SokhnaNew Development and Major Expansion
DP World JeddahJeddahContainer Terminal
DP World BerberaBerberaNew Development and Major Expansion
DP World Prince Rupert IncPrince RupertNew Development and Major Expansion
Al Hamriya PortDubaiNon-Container Terminal
Port RashidDubaiContainer Terminal
DP World Jebel Ali – Terminal 1DubaiContainer Terminal
DP World Jebel Ali – Terminal 2DubaiNew Development and Major Expansion
DP World Jebel Ali – Terminal 3DubaiNew Development and Major Expansion
DP World FujairahFujairahContainer Terminal
DP World LimassolLimassolContainer Terminal

Corporate affairs

Supply chain security

DP World has been certified as a partner in the Customs-Trade Partnership Against Terrorism (C‑TPAT) initiative by US Customs and Border Protection – to date, the only international port operator to have achieved this recognition. This certification is primarily based on DP World's commitment to the independently audited international ISO 28000 security standards. DP World was the first global maritime terminal operator to achieve ISO 28000 supply chain security certification and is rolling out the standard to all its terminals.[35]

Counter-piracy

In June 2012, DP World convened the second high-level, public-private counterpiracy conference, in Dubai.[36] The Washington Post reported "Diplomats and business leaders...are pushing for stronger partnerships between the public and private sectors in combating piracy off the coast of Somalia".[37]

The April 2011 conference was the first time companies rather than governments had contributed financial support to the UN counter-piracy trust fund.[38] The inaugural conference was attended by more than 65 governments and representatives of international organisations, including the United Nations[39] and more than 120 leaders from maritime industry related companies.

Berbera operations

In 2016 a US$442 million agreement was reached between DP World and the government of Somaliland.[40] The deal involves enhancing and operating the regional trade and logistics hub at the Port of Berbera.[41] The project, which will be phased in, will also involve the setting up of a free zone.

On 1 March 2018, Ethiopia became a major shareholder following an agreement with DP World and the Somaliland Port Authority. DP World holds a 51% stake in the project, Somaliland 30% and Ethiopia the remaining 19%. As part of the agreement, the government of Ethiopia will invest in infrastructure to develop the Berbera Corridor as a trade gateway for the inland country, which is one of the fastest-growing countries in the world. There are also plans to construct an additional berth at the Port of Berbera, in line with the Berbera master plan which DP World has started implementing, while adding new equipment to further improve the efficiencies and productivity of the port.[42]

The agreement comes as part of a larger government-to-government memorandum of understanding between the Government of the United Arab Emirates and the Government of Somaliland to further strengthen their strategic ties.[43] Somalia's attempts to obstruct and block the deal were frustrated and failed to stop the project from commencing.[44]

DP World Dakar

On 3 January 2022, construction began on the US$1.13 billion deep-water port at Ndayane, around 50 km (31 miles) south of the Senegalese capital Dakar, when President Macky Sall laid the foundation stone. DP World Dakar is a joint venture between DP World and the Port Authority of Dakar. The first phase of the project will include 840 metres of quay and a 5 kilometres marine channel designed to handle 366-metre vessels. The second phase will add 410 metres of container quay and further dredging to handle 400-metre vessels.[45]

Russo-Ukrainian War

Because of company's continued business with Russia amid Russian invasion of Ukraine, DP World is listed among International Sponsors of War by Ukrainian National Agency on Corruption Prevention.[46]

Sport sponsorship

DP World sponsored the European Tour's season ending DP World Tour Championship, Dubai, played at Jumeirah Golf Estates.[47] DP World also supported the Hong Kong Open and the BMW PGA Championship at Wentworth Club. In November 2021, DP World invested US$400 million in the European Tour to become the tour's new title sponsor, with the tour being renamed as the DP World Tour.[48] [49]

In the 2020 Formula One Season, DP World and Renault F1 Team have signed an agreement making DP World the Global Logistics Partner and title sponsor for Renault, renaming the team as Renault DP World F1 Team.[50]

In the 2020 season of the Indian Premier League, DP World is the Global Logistics Partner for the Royal Challengers Bangalore team.[51]

DP World sponsored the yacht Maiden on her world tour 2021–24.[52]

Dubai Turf is also sponsored by DP World in 2022.

DP World was also the title sponsor for 2022 Asia Cup.

DP World has signed a deal to become the title sponsor of the ILT20 for five years.[53]

DP World announced a partnership agreement with McLaren in February 2023. DP World will also become the lead partner of McLaren APEX, McLaren’s off-track business-to-business event programme, promoting influential collaborations across McLaren’s expansive partner network and beyond.[54]

External links

Notes and References

  1. News: Dubai's massive port operator DP World is delisting and returning to private ownership .
  2. Web site: DP World celebrates its latest milestone with its 100,000th employee . DP World . 25 January 2023 . 25 January 2023 . https://web.archive.org/web/20230125124420/https://www.dpworld.com/news/releases/dp-world-celebrates-100000th-employee/ . live .
  3. Web site: Key Figures . DP World . 25 January 2023 . 1 April 2023 . https://web.archive.org/web/20230401202457/https://www.dpworld.com/investor-relations/financials-presentation/key-figures . live .
  4. Web site: About DP World – History . 2012-11-27 . dead . https://web.archive.org/web/20121105071829/http://webapps.dpworld.com/portal/page/portal/DP_WORLD_WEBSITE/About-DP-World/History . 5 November 2012 . dmy .
  5. Web site: Dubai Ports International Completes Acquisition Of CSX World Terminals. CSX Corporation; Dubai Ports. International. www.prnewswire.com. 13 November 2017. 4 March 2016. https://web.archive.org/web/20160304032326/http://www.prnewswire.com/news-releases/dubai-ports-international-completes-acquisition-of-csx-world-terminals-54123952.html. live.
  6. Web site: Dubai merger sees world's largest port operation. 29 September 2005. 13 November 2017. 14 January 2021. https://web.archive.org/web/20210114100643/https://www.dailystar.com.lb//Business/Middle-East/2005/Sep-29/67186-dubai-merger-sees-worlds-largest-port-operation.ashx#axzz2DRaJPjeM. live.
  7. News: Bush threatens veto in ports row . BBC News . 2006-02-22 . 2010-05-01 . 12 January 2021 . https://web.archive.org/web/20210112130600/http://news.bbc.co.uk/2/hi/americas/4737940.stm . live .
  8. http://webapps.dpworld.com/portal/page/portal/DP_WORLD_WEBSITE/Media-Centre/News-Releases/P-and-O-News-Archive/SALE_OF_POPNA-15_MARCH.pdf Sale of P&O Ports North America
  9. Web site: H.R. 4939 (109th): Emergency Supplemental Appropriations Act for Defense, the ... – House Vote #65 – Mar 16, 2006. GovTrack.us. 13 November 2017. 4 February 2012. https://web.archive.org/web/20120204043726/http://www.govtrack.us/congress/vote.xpd?vote=h2006-65. live.
  10. News: Dubai Ports World Sells U.S. Assets. King Jr.. N.. Hitt, G.. The Wall Street Journal. 2006-12-11. 3 August 2017. 12 January 2021. https://web.archive.org/web/20210112174752/https://www.wsj.com/articles/SB116584567567746444. live.
  11. Web site: DP World to invest on new terminal in Pakistan . 2012-03-21 .
  12. Web site: PSA wins Gwadar. 2012-03-21. https://web.archive.org/web/20160304185317/http://www.worldcargonews.com/htm/n20070118.845369.htm. 4 March 2016. dead.
  13. News: Pakistan launches strategic port. 20 March 2007. 13 November 2017. news.bbc.co.uk. 27 August 2017. https://web.archive.org/web/20170827060629/http://news.bbc.co.uk/1/hi/6469725.stm. live.
  14. Web site: DP World raises $3.25b from two bond issues. Gulf News. 25 June 2007 . 2009-12-09. 3 March 2012. https://web.archive.org/web/20120303013145/http://gulfnews.com/business/shipping/dp-world-raises-3-25b-from-two-bond-issues-1.185755. live.
  15. Web site: Investor Centre . DP World . 2009-12-08 . dead . https://web.archive.org/web/20110807221559/http://webapps.dpworld.com/portal/page/portal/DP_WORLD_WEBSITE/DP_WORLD_INVESTOR_CENTRE/INVESTOR_CENTRE_INTRODUCTION . 7 August 2011 . dmy.
  16. News: Six Dubai companies downgraded to junk status. The Guardian. 2009-12-08. 2009-12-08. London. Elena. Moya. 29 December 2017. https://web.archive.org/web/20171229112519/https://www.theguardian.com/business/2009/dec/08/dubai-companies-downgraded-rating-action. live.
  17. News: DP World to go ahead with London Gateway. Reuters. Editorial. 13 November 2017. Reuters. 2010-01-04. 5 February 2017. https://web.archive.org/web/20170205164742/http://uk.reuters.com/article/uk-dp-world-gateway-idUKTRE6032OJ20100104. live.
  18. Web site: Dubai's port firm seeking stock listing in London. seattletimes.com. 13 November 2017. 15 February 2015. https://web.archive.org/web/20150215110219/http://seattletimes.com/html/businesstechnology/2010710106_apmldubaiports.html. live.
  19. Web site: London Gateway port, Essex. Local Transport Today. 2010-02-11. 28 December 2020. https://web.archive.org/web/20201228061826/https://www.transportxtra.com/publications/local-transport-today/news/. live.
  20. Web site: Moody's upgrades DP World to Baa3; outlook stable. 11 April 2011. 13 November 2017. 14 January 2021. https://web.archive.org/web/20210114021135/https://www.moodys.com/research/Moodys-upgrades-DP-World-to-Baa3-outlook-stable--PR_217100. live.
  21. News: UPDATE 2-DP World sells Hong Kong assets for $742 mln. 7 March 2013. 13 November 2017. Reuters. 12 January 2021. https://web.archive.org/web/20210112060634/https://www.reuters.com/article/dpworld-hk-sale/update-1-dubais-dp-world-in-742-mln-hk-asset-sale-idUSL6N0BZ14B20130307. live.
  22. Web site: P&O Ferries sold back to DP World . 28 February 2019 . NI Ferries . 28 February 2019 . https://web.archive.org/web/20190228192215/https://www.niferry.co.uk/po-ferries-bought-back-by-dp-world/ . live .
  23. News: Russian vessel successes transmit through NSR . 30 September 2019 .
  24. Web site: 2021-03-18. Dubai port operator DP World sees 2020 profits drop 29% amid virus. 2021-03-18. Arab News. en.
  25. Web site: 2021-05-22. DP World appoints new CEO in UAE. 2021-05-22. Arab News. en.
  26. Web site: How do we make the world flow? With fast, sustainable movement of products through a single platform of trade. This is what drives the purpose of our new brand identity. Welcome to our future. . Official Twitter page for DP World . 2021-10-04 . 2021-10-01 . 29 March 2024 . https://web.archive.org/web/20240329122846/https://twitter.com/DP_World/status/1443817972095717378 . live .
  27. News: Martin . Josh . 2022-03-17 . P&O cancels services and tells ships to stay in port . BBC News . 2022-03-17 . 8 June 2022 . https://web.archive.org/web/20220608125417/https://www.bbc.com/news/business-60779001 . live .
  28. News: P&O: Agency seafarers quit after hearing about sacked staff. BBC News. 18 March 2022. 21 March 2022. 21 March 2022. https://web.archive.org/web/20220321174446/https://www.bbc.co.uk/news/uk-scotland-60795417. live.
  29. News: P&O recruitment agency says it knew nothing about sackings. BBC News. 20 March 2022. 21 March 2022. 21 March 2022. https://web.archive.org/web/20220321174432/https://www.bbc.co.uk/news/uk-scotland-60813000. live.
  30. News: Armitage . Jim . Arlidge . John . Hellen . Nicholas . Al-Othman . Hannah . Bungs, handcuffs and foreign job ads: inside story of the P&O sackings . The Times . 19 March 2022 . en . 20 March 2022 . 20 March 2022 . https://web.archive.org/web/20220320001938/https://www.thetimes.co.uk/article/bungs-handcuffs-and-foreign-job-ads-inside-story-of-the-p-o-sackings-cml3x5sfx . live .
  31. News: 2023-11-12 . Australia Cyberattack Leaves 30,000 Containers Stuck at Ports . en . Bloomberg.com . 2023-11-13 . 13 November 2023 . https://web.archive.org/web/20231113035149/http://www.bloomberg.com/news/articles/2023-11-12/australian-port-operations-slowly-resume-after-cyberattack-on-dp . live .
  32. Web site: AAP . 2023-11-12 . DP World cyber hack: 40% of Australia's international freight affected . 2023-11-13 . SmartCompany . en-AU . 13 November 2023 . https://web.archive.org/web/20231113132509/https://www.smartcompany.com.au/technology/cyber-security/dp-world-cyber-hack-40-australia-international-freight-affected/ . live .
  33. Web site: DP World's Q1 shipping container volumes fall in UAE, flat globally . www.zawya.com . 24 May 2019 . en . 20 August 2020 . https://web.archive.org/web/20200820101641/https://www.zawya.com/uae/en/business/story/DP_Worlds_Q1_shipping_container_volumes_fall_in_UAE_flat_globally-TR20190425nL5N227206X1/ . live .
  34. Web site: Our Locations – 40 Countries in 6 Continents – DP World . www.dpworld.com . 25 August 2019 . en . 23 May 2020 . https://web.archive.org/web/20200523224048/https://www.dpworld.com/what-we-do/our-locations . live .
  35. Web site: DP World joins partnership against terrorism. – Free Online Library. www.thefreelibrary.com. 13 November 2017. 14 January 2021. https://web.archive.org/web/20210114023823/https://www.thefreelibrary.com/DP+World+joins+partnership+against+terrorism.-a0180137095. live.
  36. Web site: 2nd UAE Counter-Piracy Conference Renews Commitment To Public Private Partnership. 13 November 2017. https://web.archive.org/web/20161201211529/http://www.counterpiracy.ae/upload/Press%20Releases/Post%20Conference%20release%20%20-%20FINAL%20ENGLISH%20full.pdf. 1 December 2016. dead.
  37. News: - The Washington Post. Washington Post. 13 November 2017.
  38. http://www.businessweek.com/ap/financialnews/D9MMTVDG1.htm Bloomberg Businessweek | Diplomats, businessmen urge tougher piracy fight | 19 April 2011
  39. Web site: Latest Statements – United Nations Secretary-General. www.un.org. 13 November 2017. 21 March 2016. https://web.archive.org/web/20160321082109/http://www.un.org/sg/statements/?nid=5206. live.
  40. News: Somaliland and DP World celebrate 30-year concession for $442 million Port of Berbera (Somaliland) – Asoko Insight. Asoko Insight. 2017-06-19. en-US. 12 January 2021. https://web.archive.org/web/20210112024117/https://www.asokoinsight.com/news/somaliland-and-dp-world-celebrate-30-year-concession-for-442-million-port-of-berbera-somaliland. live.
  41. News: Somalia project opens up Africa for DP World. 30 May 2016. thenational.ae. 30 May 2016. 5 February 2021. https://web.archive.org/web/20210205181537/https://www.wsj.com/articles/dubais-dp-world-agrees-to-manage-port-in-somaliland-for-30-years-1464549937. live.
  42. Web site: Ethiopia acquires 19% stake in DP World Berbera Port. 21 May 2018. 22 May 2018. https://web.archive.org/web/20180522041419/http://web.dpworld.com/wp-content/uploads/2018/03/2018_03_01-Ethiopia-acquires-stake-in-DP-World-Berbera.pdf. dead.
  43. News: Dubai's DP World Agrees to Manage Port in Somaliland for 30 Years. 30 May 2016. Wall Street Journal. 30 May 2016. 15 January 2021. https://web.archive.org/web/20210115043426/https://www.thenationalnews.com/business/shipping/20160528/somalia-project-opens-up-africa-for-dp-world. live.
  44. News: DP World Should Rethink Port Deals in Somalia-Foreign Minister. Reuters. 2018-04-20. The New York Times. 2018-04-22. en-US. 0362-4331. 21 April 2018. https://web.archive.org/web/20180421130758/https://www.nytimes.com/reuters/2018/04/20/business/20reuters-somalia-emirates.html. live.
  45. News: Ba. Diadie. 2022-01-04. Construction begins at DP World's $1.1 bln port in Senegal. en. Reuters. 2022-01-04. 4 January 2022. https://web.archive.org/web/20220104191046/https://www.reuters.com/markets/commodities/construction-begins-dp-worlds-11-bln-port-senegal-2022-01-03/. live.
  46. Web site: DP World. NACP. 24 August 2023. 24 August 2023. https://web.archive.org/web/20230824215735/https://sanctions.nazk.gov.ua/en/boycott/1009/. live.
  47. Web site: DP World enters three-year Race to Dubai agreement – European Tour. europeantour.com. www.europeantour.com. 13 November 2017. 29 November 2020. https://web.archive.org/web/20201129101654/https://www.europeantour.com/european-tour/schedule/2011/. live.
  48. News: A new era in global golf': European Tour to be renamed DP World Tour In 2022 DP world sponsored in Asia cricket cup and became title holder. . The Guardian . 9 November 2021 . 4 July 2022 . 9 November 2021 . https://web.archive.org/web/20211109173424/https://www.theguardian.com/sport/2021/nov/09/new-era-global-golf-european-tour-renamed-dp-world-tour . live .
  49. Web site: DP World to invest more than $400m in European Tour over next decade . Sport Business . Matthew . Glendinning . 11 November 2021 . 4 July 2022 . 18 January 2022 . https://web.archive.org/web/20220118142940/https://www.sportbusiness.com/news/dp-world-to-invest-more-than-400m-in-european-tour-over-next-decade/ . live .
  50. Web site: DP WORLD TO BECOME RENAULT F1 TEAM GLOBAL LOGISTICS PARTNER AND TITLE PARTNER.... 2020-07-12. en.media.groupe.renault.com. en. 12 January 2021. https://web.archive.org/web/20210112133940/https://en.media.groupe.renault.com/news/dp-world-to-become-renault-f1-team-global-logistics-partner-and-title-partner-93d2-989c5.html. dead.
  51. Web site: Royal Challengers Bangalore ropes in DP World as Global Logistics Partner. The Sports News. 13 September 2020. 13 September 2020. 13 January 2021. https://web.archive.org/web/20210113015357/https://www.thesportsnews.in/ipl-2020-royal-challengers-bangalore-ropes-in-dp-world-as-global-logistics-partner/. live.
  52. News: Yachts and Yachting. Maiden and her new all-female crew set sail on their new three-year world tour. 15 January 2022. 29 August 2022. 29 August 2022. https://web.archive.org/web/20220829132925/https://www.yachtsandyachting.com/news/245513/Maiden-sets-sail-on-three-year-world-tour. live.
  53. Web site: 2022-12-16 . ILT20 inks five-year title sponsorship deal with DP World . 2023-02-10 . SportsMint Media . en-US . 10 February 2023 . https://web.archive.org/web/20230210164025/https://sportsmintmedia.com/ilt20-inks-five-year-title-sponsorship-deal-with-dp-world/ . live .
  54. Web site: 2023-02-08 . McLaren Racing - McLaren Racing announces DP World as an Official Partner of McLaren Formula 1 Team . www.mclaren.com . en . 8 February 2023 . https://web.archive.org/web/20230208111604/https://www.mclaren.com/racing/partners/dp-world/mclaren-racing-announces-dp-world-official-partner-mclaren-formula-1-team/ . live .