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The Latest Breaking News from DP World

LIV Golf players vs DP World Tour: What is the hearing and why is it happening?

The hearing will take place in London from 6 to 10 February

The Independent UK

Drydocks World, Aker Solutions to Upgrade Production at UK Rosebank Field

Drydocks World, a DP World Company, and Aker Solutions have formed a joint venture to upgrade a Floating Production Storage and Offloading (FPSO) vessel for the Rosebank oil and gas field in the UK. The new joint venture combines the complementary strengths, resources, and experience of Drydocks World’s leading marine…

Asharq Al-Awsat

Davos 2023: DP World forecasts further freight rate fall as demand slows

DP World expects freight rates to drop by a further 15% to 20% in 2023, with the worst still to come as demand slows, the Dubai-based global logistics company's deputy chief executive and chief financial officer Yuvraj Narayan told Reuters.

Reuters

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LIV Golf sent subtle message as new tour is handed official world ranking points

The controversial Saudi-Arabia backed LIV Golf venture is still seeking ranking points to validate its position as a rival to the traditional PGA and DP World tours

Daily Mirror

Saudi Arabia’s Hassana to Invest $2.4 Bn in UAE’s DP World

Saudi Arabia’s Hassana Investment Company announced on Wednesday an investment of $2.4 billion in three of DP World’s flagship UAE assets. The investment included stakes in Jebel Ali Port, Jebel Ali Free Zone, and National Industries Park and followed an earlier transaction that successfully closed in June 2022. The three…

Asharq Al-Awsat

Dock worker bullied by colleagues to sue

A Melbourne dock worker who was bullied by colleagues, including one who defecated in his boots, will now sue for damages, his lawyers say.

AAP

Jordanian Logistics Association Signs MoU with DP World

Jordanian Logistics Association (JLA) signed a memorandum of understanding (MoU) with Dubai Ports World (DP World) to promote interests of small and medium shipping companies in Jordan. According to a JLA statement issued Saturday, the memo was signed on the sidelines of the first Global Freight Summit 2022 held in…

Asharq Al-Awsat

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Charlestown gun at home on DP World Tour

"There is no better place to kick off your career on the DP World Tour than in your own backyard."

Newcastle Herald

Rory McIlroy's bumper payday as he wins fourth DP World Tour title in Dubai

Jon Rahm won the battle in Dubai but McIlroy won the war and banked the tour title and season-ending cash bonus

Belfast Live

Rory McIlroy prize money as he wins fourth DP World Tour title in Dubai

It was a bumper payday for the Hollywood native

Irish Mirror

‘You really feel like you’re just another player’: Caddies dish on major differences between life with LIV Golf and the PGA Tour, DP World Tour

“It's like they got a group of caddies together and asked them to design a tour,” said Austin Johnson.

USA Today Sports Media Group

DP World Tour fightback against LIV Golf with huge pay guarantee and record prize fund

LIV Golf has shaken up the sport with their huge paydays for stars - $255million was offered in prize money for eight events this year, with winner Dustin Johnson taking home over $35m

Daily Mirror

Unions launch legal bid to stop boss behind P&O sacking scandal getting seat on the board

P&O Ferries sacked 800 staff over video call earlier this year and replaced them with low paid agency staff and now unions want to block the boss behind them getting a seat on the board

Daily Mirror

Gary Murphy: LIV not for me while World Number one beckons for Rory McIlroy

Gary Murphy said after watching the LIV golf finale it is not for him but is hopeful of Rory McIlroy returning to world number one.

Irish Mirror

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The Conversation

Somalia: Puntland state port is getting a revamp - this is key to its future

The port city of Bosaso, located at the north-eastern corner of Somalia, provides a striking example of the interlinkage between security and infrastructure. The city benefited from the civil war that ravaged the southern parts of Somalia in the 1990s and 2000s. It developed into a booming trade centre. But…

The Independent UK

DP World wins another ruling in battle over Djibouti port

Dubai-based shipping giant DP World says it has won another ruling in a longstanding legal battle over the operation of a strategic port in the African nation of Djibouti

The Conversation

Waiting for Ethiopia: Berbera port upgrade raises Somaliland's hopes for trade

Berbera port is the main overseas trade gateway of the breakaway Republic of Somaliland. The port city is located on the Gulf of Aden – one of the globally most frequented seaways connecting the Indian Ocean and the Mediterranean.

Daily Mirror

Ex P&O workers' fury as firm escapes legal action after sacking 800 employees

Seafarers left devastated that ferry firm P&O will not be prosectuted for sacking 800 staff by video message say 'spineless' Transport Secretary Grant Shapps should resign over lack of action

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The National (Scotland)

P&O Ferries owner reports record profits months after sacking 800 staff

P&O Ferries has been accused of acting like a “corporate gangster” for celebrating record profits just months after it sacked 800 UK-based…

Insider UK

Union outrage as owner of P&O Ferries makes record profit

TUC boss accuses ferry company's owners of behaving like 'corporate gangsters'

USA Today Sports Media Group

Report: Sergio Garcia won’t resign DP World Tour membership after LIV Golf move to hold out for Ryder Cup

The European Ryder Cup legend is holding out hope for a historic appearance in 2023.

The Independent UK

PGA Tour and DP World Tour step up efforts to thwart LIV Golf

Both tours have been desperate to stem the tide of players who have been lured by the riches offered by the Saudi Arabia-backed series

Asharq Al-Awsat

Int’l Companies Race over Investment, Partnership Deals for Saudi Ports

The Saudi Minister of Transport and Logistic Services and Chairman of the Board of Saudi Ports Authority Saleh Al-Jasser revealed that work is underway on several partnerships with the private sector to operate stations and marine services in Saudi ports. Al-Jasser added that international transport line and container operators are…

The Guardian - UK

Eyes on Scottish Open as DP World Tour weighs up LIV Golf response

DP World Tour is expected to prevent LIV Golf players such as Phil Mickelson from playing the Scottish Open in July

Asharq Al-Awsat

DP World, CDPQ Announce $5 Bn Investment in Strategic Assets in the UAE

DP World announced it was selling a minority share to CDPQ, a global investment group, in three of DP World's flagship UAE assets. CDPQ will invest $2.5 billion in the Jebel Ali Port, the Jebel Ali Free Zone, and the National Industries Park through a new joint venture in which…

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