DP World
Use attributes for filter ! | |
Stock price | 3DW |
---|---|
Disclaimer | |
Ceo | Sultan Ahmed bin Sulayem |
Revenue | 5. 65 billion USD (2018) |
Headquarters | Dubai |
United Arab Emirates | |
Number of employees | 37,000 |
Subsidiaries | London Gateway |
Jebel Ali Free Zone | |
Parent organizations | Port & Free Zone World FZE |
Date of Reg. | |
Date of Upd. | |
ID | 2281520 |
About DP World
DP World is a global terminal operator at ports around the world. 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.
Cruise giant Carnival UK accused of plan to fire and rehire 900 crew
... It comes after a separate company, over the sacking of 800 of its workers by its owner Dp World...
DP World: Australia ports remain closed after cyber-attack
... Dp World Australia manages around 40% of goods entering and leaving the country...
Outrage at public contract for firm behind P& O sackings
... Dp World has been approved to co-run the Thames Freeport in Essex, as part of Rishi Sunak s freeports plan...
Ex-P& O Ferries chef sues for unfair dismissal
... Mr Lansdown is seeking financial compensation as well as exemplary damages of up to £76m to " deter" P& O Ferries or Dp World from acting the same way in future...
Newspaper headlines: Biden's chemical weapon warning and 'Shame on' P& O
... The Guardian agrees, suggesting that Mr Hebblethwaite to claim that protecting the investment of P& O Ferries parent company Dp World, " was more important than staying within the law"...
Calls for P& O Ferries boss Peter Hebblethwaite to resign grow
... P& O s owner Dp World had warned Mr Shapps that Irish Ferries was a new " low-cost competitor" that would pose a challenge to the business, Mr Shapps had replied to Dp World boss DP Sultan Ahmed Bin Sulayem: " I m aware of the issues relating to P& O...
P& O Ferries: Not consulting on job cuts broke law, boss admits
... A representative of Dp World, which owns P& O, said Mr Hebblethwaite would not be sacked...
P& O Ferries defends job cuts as some to get £100,000
... Separately, Business Minister Paul Scully said the government was reviewing all of its contracts with P& O ferries and its owner Dp World, including a £25 million subsidy to Dp World to help develop London Gateway as a freeport...
Outrage at public contract for firm behind P& O sackings
By Noor NanjiBusiness reporter, BBC News
A decision to award the owner of P& O Ferries a major public contract has sparked outrage, after The Firm sacked 800 workers without notice Last Year .
Dp World has been approved to co-run the Thames Freeport in Essex, as part of Rishi Sunak 's freeports plan.
The Trades Union Congress said it was an " appalling decision" enabling other employers " to act with impunity".
The government said the new freeport would " help to grow the economy".
P& O Ferries sacked hundreds of seafarers in March 2022 and replaced them with foreign agency workers paid less than the minimum wage.
The Move sparked outrage and led to calls for P& O's boss Peter Hebblethwaite to resign.
At The Time government called the workers' treatment " wholly unacceptable".
A week afterwards, Mr Hebblethwaite admitted to MPs that the decision had broken Employment Law .
Freeports aim to create economic activity - Like trade, investment and Jobs - Near shipping ports or airports.
Goods imported into freeports are exempt from taxes, called tariffs, that are normally paid to the government.
Eight freeports have already been Set Up in England, with more in the pipeline.
The government confirmed that a new freeport for the Thames Estuary region had recently been approved, and would be run by a partnership between Dp World , the carmaker Ford and Forth Ports.
Paul Nowak, General Secretary of the TUC, said ministers should have " stripped The Company of all its public contracts and severed commercial ties" after the P& O sackings.
" But the government has chosen instead to reward Dp World with another bumper deal. This is giving a Green Light to other rogue employers to act with impunity. "
A government spokesperson said the new freeport " will help to grow the economy and Level Up by unlocking high-quality Jobs and much-needed investment into the area.
" This approval means that the freeport will now receive up to £25m from government and potentially hundreds of millions in locally-retained business rates. "
The spokesperson added that the funding will go to local authorities in the freeport area, and will be used " to benefit the entire region".
The Bbc has approached Dp World for comment.
Related TopicsSource of news: bbc.com