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All About DP World
Founded in 2005, DP World is one of the largest and leading trading companies in the world. With over 37,000 employees, it operates 77 marine and inland terminals with 50 businesses in 40 countries. It is the only international port operator in the world to have been certified the Customs Trade Partnership against Terrorism. This is due to DP Worlds commitment to the global security standards. Thus, explaining why It is one of the most well managed trade and port operating companies in the world to date. Today, the company still stands strong with over 4.715 billion dollars in revenue and countless sponsorship from over the world. This is one of the reasons why DP world continue to thrive and grow even now. Dubai Ports 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 ports operator, and since then it has acquired other companies up and down the value chain. Dubai Ports International (DPI) was founded in 1999. Its first project was at Jeddah, Saudi Arabia, collaborating with a local partner on the management and operation of the South Container Terminal (SCT). DPI then went on to develop operations at the ports of Djibouti in 2000, Vizag, India in 2002 and Constanta, Romania in 2003. n January 2005, DPI acquired CSX World Terminals (CSX WT). It was later, in September 2005 that Dubai Ports International officially merged with the Dubai Ports Authority to form DP World 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 billio
The ownership of various U.S. ports by DP World (which had been acquired as part of the P&O deal) was seen as highly controversial by many in the United States even though it was supported by the U.S. president George W. Bush; the US ports were sold shortly afterwards. P&O operated major U.S. 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 U.S. 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." 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 "U.S. entity".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. DP World later sold P&O's American operations to American International Group's asset management division, Global Investment Group for an undisclosed sum. 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.[9] DP World had been favourite to win the Gwadar concession, but withdrew from the bidding. Gwadar Port was subsequently awarded to PSA (Port of Singapore Authority) and opened in March 2007.
List Of Vacant Positions
JOB TITLE LOCATION ACTION
Company Name:-DP World
Job Location:-Dubai (Update)
Nationality :-Selective (Update)
Education:-Equivalent Degree/Diploma
Experience:-Mandatory
Salary:-Depending Upon Positions
Benefits:-Standard Benefits
How To Apply For DP World Careers?
DP world Dubai careers & DP World Dubai Jobs 2020.
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