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The Latest Breaking News from DP World

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

DP World delivers 500 cricket kits to grassroots academies in Delhi through Beyond Boundaries initiative

NEW DELHI: DP World, a prominent global provider of intelligent end-to-end supply chain solutions, has delivered 500 cricket kits to grassroots academies at the Aerocity Ground in Delhi as part of its Beyond Boundaries initiative, according to a release by Delhi Capitals.

The Times of India

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

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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

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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

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.

AAP

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

The Guardian - AU

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.

AAP

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.

USA Today Sports Media Group

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

The Guardian - AU

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.

AAP

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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.

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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

The Hindu

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…

AAP

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.

The Guardian - AU

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 Conversation

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

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.

AAP

'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.

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