NEWS

company news

DP World HI revenue soars 60pc to US$8b and forecasts stable growth

DUBAI's DP World has announced strong financial results for the first six months of 2022, although the economic outlook remains uncertain due to supply chain disruption.Total revenue for the first half of the year came at $7.93 billion for a growth of 60.4 per cent year on year, and 20.1 per ...

read more

OOIL's Hi revenue soars 52pc to US$11b, conflicting signals on outlook

THE chaIrman of Hong Kong-headquartered Orient Overseas (International), Wan Ming, has said that an array of conflicting signals, including inflation and rising interest rates versus steady US demand for imported goods,is clouding the outlook for the liner shipping market,OOIL, parent of Orient O...

read more

Hutchison's Felixstowe dock workers strike for first time in 30 years

ABOUT 1,900 workers at Hutchison's English port of Felixstow in Sufflolk, which handles nearly half of the country's container traffic, have begun an eight-day strike on Sunday to demand better pay terms.The dock worker, who are members of the Unite union at the UK's largest container...

read more