iPhone | iPad
Android
Huawei
The CSI300 blue-chip index is now up nearly 30% from its February trough
KT APPDOWNLOAD
DP World Signs New Lease Deal at Port Botany
DUBAI - Global marine terminal operator DP World has signed a new 15-year operating lease extension at Port Botany in Sydney, Australia.
The lease agreement is the third significant DP World contract in Australia this year, following the recent 40-year lease renewal at DP World Brisbane and a new 30-year operating lease at Adelaide.
The new lease reflects the New South Wales Government’s commitment to improving overall port efficiency, and includes specific incentives to improve truck servicing and rail performance, a Press statement said.
Sydney Ports Corporation CEO Grant Gilfillan and Senior Vice-President and Managing Director for DP World’s Australia region Jack Williams, signed the contract at Port Botany, in the presence of Premier Nathan Rees and the Minister for Minister for Ports and Waterways Joe Tripodi. Rees called the signing a ‘major vote of confidence’ in the New South Wales economy.
“The Australia Region constitutes a key element in DP World’s global portfolio. We are confident in our ability to make a significant and growing contribution to the region’s future growth and competitiveness, through our overriding focus on efficient, high-quality terminal services,” Mohammed Sharaf, CEO, DP World, said.
More news from
The Indian state invites foreign investors and non-resident Indians to avail opportunities in one of the fastest growing economies of the world
Epic will also raise its competition concerns with regulators in the European Union
The Operation Chivalrous Knight 3 team distributed potable water to areas where displaced people have gathered in Khan Yunis
The closure of Ratcliffe-on-Soar marks a symbolic step in the UK's ambition to decarbonise electricity by 2030, and become carbon neutral by 2050
UK's Starmer reiterates region needs to pull back from the brink
GDP expanded by 0.5% in second quarter vs +0.6% in poll
Alexander Permyakov confessed to the crime saying he had acted on instructions from Ukraine's SBU security service and was promised $20,000 to complete the job, says Russian state media