Latest news with #DPWorld
Daily Express
5 hours ago
- Business
- Daily Express
Federation of Malaysian Manufacturing hails removal charges delay
Published on: Friday, June 20, 2025 Published on: Fri, Jun 20, 2025 Text Size: The decision reflects a thoughtful approach to address the challenges faced by the industry, particularly as the manufacturing sector continues to grapple with uprising operational costs. Kota Kinabalu: The Federation of Malaysian Manufacturing, (Sabah) praised DP World for its pragmatic decision to defer the enforcement of the removal charges implementation to Sapangar Bay Container Port's users from June 4, 2025 to July 15, 2025. It was to gauge feedback from port users and extend the free storage period at the port container yard from five (5) days to eight (8) days. Advertisement The decision reflects a thoughtful approach to address the challenges faced by the industry, particularly as the manufacturing sector continues to grapple with uprising operational costs. These additional charges will make import cost more expensive and products less-competitive in the market as the cost would be passed on to consumers. The deferment is necessary to provide industries with the transition period to prepare for the changes. DP World imposed removal charges effective June 4, 2025 with RM45.00 per day for a 20-footer and RM90.00 per day for 40-footer container that exceed the limit of five (5) days at container yard in effort to reduce the yard congestion issue. Increased cargo volume from increased number of vessels calling on Sapangar Bay Container Port (SBCP) coupled with the surge in export containers, of some additional 3,500 per month from China and Korea investors are the main reasons for this congestion. Advertisement To alleviate the yard congestion issue, the Branch urges members and other port users to accept containers during off peak periods, namely, Saturdays, Sundays, Public Holidays and after 5.00pm on working days as a way to ease congestion. FMM hopes with the completion of expansion project aims to double SBCP's capacity by 2027 will ensure prompt and more efficient discharge of import containers and ease yard congestion. FMM Sabah is thankful for the great commitment demonstrated by the Ministry of Industrial Development & Entrepreneurship, under the helm of YB Datuk Phoong Jin Zhe who had been attentive to the plight of port users, and on numerous occasions, personally engaged with the management of DP World and visited the Port facilities. Whilst the yard congestion is a good sign of increased in exports and imports activities, we call on the Government gives greater focus to be accorded to growth of exports by local investors and to rethink future foreign investments until port infrastructure is well-developed and ready to cope with increased cargo volume. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Associated Press
19 hours ago
- Business
- Associated Press
Sustainability at Sea: How DP World Is Charting a Green Future for Maritime Trade
As the global maritime industry navigates the accelerating demands of sustainability, DP World is anchoring itself at the center of change. With a footprint spanning 74 countries and over 114,000 employees, our mission – to make trade flow – carries a critical mandate: it must flow sustainably. At the heart of this transformation lies a bold but pragmatic approach to port and vessel decarbonization. Through the ' Our World, Our Future,' sustainability strategy, we are committed to decarbonizing our port terminals, logistics, and marine services by 2030. Achieving net-zero emission by 2050 is our north star. Through our work, DP World is proving that environmental leadership and operational resilience are not opposing forces, but powerful allies. Electrification on the Front Lines of Port Decarbonization In Vancouver, DP World's Centerm terminal stands as a national first by providing shore power – also known as 'cold ironing' – to docked vessels. There, container ships can shut down their auxiliary diesel engines and plug into the local electrical grid while berthed – cutting emissions by up to 80%. This is a model for how port electrification improves air quality for nearby communities while supporting long-term climate goals. Centerm is not alone. Globally, our terminals are transitioning to electric cranes, yard equipment, and terminal tractors as part of our dedicated equipment electrification capital plane. In the Dominican Republic, we became the first port operator in Latin America to develop a charging station for our electric truck fleet. The station is powered by 100% renewable energy and is used to charge our fleet of 20 fully electric internal transport vehicles (ITVs). Earlier this year, we celebrated a major sustainability milestone when the trucks traveled more than 740,000 kilometers - the equivalent of 18 zero-emission trips around the world – avoiding more than 2,400 tons of CO₂ equivalent emissions. Around the world, we are proud to have achieved 100% renewable energy at our operations in Belgium, Brazil, Chile, Ecuador, Germany, the Netherlands, Serbia, and Dry Docks World in the UAE. Internal carbon pricing now guides capital investments, ensuring environmental gains are paired with financial discipline. Driving Emissions Down at Sea: Marine Services Innovation While port operations evolve, DP World's marine fleet is transforming. With over 120 vessels handling 16,000+ port calls each year, this is where small efficiency gains yield massive emissions reductions. We've introduced new ships that run on cleaner-burning methanol, upgraded vessels for greater efficiency, and improved routes to achieve measurable fuel savings. In 2023, we launched the first hybrid-electric ferry in the UK, Pioneer, which runs on a combination of traditional diesel fuel and electric battery power. A second hybrid-electric ferry, Liberte, came online in 2024. We're not betting on a single technology. From biofuels to hybrid propulsion systems, our Marine Services business is continuously testing pathways toward a low-carbon fleet. Preparing for a Multi-Fuel Future The transition to alternative fuels is not just about switching tanks; it's a system-wide overhaul. We're preparing for a landscape where methanol, ammonia, hydrogen, and liquified natural gas (LNG) coexist. This requires new infrastructure, established safety standards, and a workforce equipped for complexity. Earlier this year, we successfully completed initial testing of a hydrogen fuel cell rubber-tired gantry (RTG) crane at the Port of Vancouver. RTG cranes are traditionally large consumers of diesel fuel, accounting for 50% of consumption in Vancouver alone. During testing, the hydrogen-powered system operated continuously for 16 hours, emitting only steam – in contrast to the 400 kg of CO₂ produced by a comparable diesel unit. On the heels of this success, we are conducting expansive field testing on the feasibility of electrifying our global RTG fleet. DP World is also creating fueling networks and sustainable shipping routes in key hubs like Singapore and Europe. We established protocol on handling very cold fuels and transporting them seamlessly from storage to ship – ensuring safety and scalability for a clean marine fuel future. We know this journey won't be linear. High costs and limited availability of green fuels like methanol and ammonia are current roadblocks. But through partnerships and policy advocacy, we're pushing to accelerate availability and affordability across our global network. Collaboration: The Cornerstone of Global Progress Progress at scale requires shared ambition. That's why DP World is an active member of initiatives like the Zero Emissions Port Alliance, the First Movers Coalition, and the Maersk McKinney Moller Center for Zero Carbon Shipping. Through these partnerships, we're advocating for co-investment models, harmonized regulation, and infrastructure development that serves a broader vision: ports not just as gateways of commerce, but critical hubs in the world's renewable energy supply chain. Visit 3BL Media to see more multimedia and stories from DP World
Arab News
20 hours ago
- Business
- Arab News
DP World International League T20 and Kuwait Cricket Board sign partnership to develop the sport
DUBAI: The DP World International League T20 and the Kuwait Cricket Board have agreed on a partnership to promote and develop the sport in Kuwait. For the latest updates, follow us @ArabNewsSport Through the partnership the DP World ILT20 will organize cricket matches in the country that will be aimed at identifying and developing participating players. The agreement was inked at a recent signing ceremony at the Dubai International Stadium. Under the agreement, a domestic event, such as the DP World ILT20 UAE Development Tournament, will be conducted annually in Kuwait to give players the opportunity to get selected by ILT20 franchises for the main DP World ILT20 event. In coming years, the league will also aim to host DP World ILT20 matches in Kuwait. Chairman of ILT20 and Vice-Chairman of the Emirates Cricket Board Khalid Al-Zarooni said: 'We are very proud to announce our collaboration with Kuwait Cricket Board as they join our league (DP World ILT20). It is a great honor for us, and we look forward to many more such collaborations in the future. Kuwait is very important to us; it is a great country and keen on promoting and further developing cricket. 'Kuwait and the rest of the Gulf countries are all one, the (cricket playing) communities are residing throughout the region and our aim with the DP World ILT20 is to grow and develop the game in the entire region. Our endeavor is to provide maximum opportunities to the players and for the fans to join us at this great tournament which we are trying to grow more and more.' Kuwait Cricket President Haider Farman said: 'I am honored to formalize this agreement between Kuwait Cricket and the Emirates Cricket Board to further promote the DP World ILT20 not only in our two nations but across the entire region. This partnership is a key pillar of the league's broader vision for the growth and globalization of cricket. We firmly believe that cricket can serve as a powerful bridge between our countries, and we look forward to this collaboration bringing meaningful benefits to our players, coaches, and officials alike.' Farman said it was 'a matter of great pride' that Kuwait had become the first country in the world to be officially recognized as a strategic partner of the DP World ILT20. Cricket continues to grow in popularity in Kuwait, with Kuwait Cricket making significant strides both on and off the field, he added. 'This landmark collaboration with the Emirates Cricket Board and the ILT20 will play a critical role in helping us realize our long-term vision to involve more Kuwaiti nationals in our cricketing ecosystem, especially as players and officials,' he said. 'With the Asian Games scheduled to take place in Qatar in 2030 and Saudi Arabia in 2034, the timing couldn't be better. DP World ILT20 can be a transformative force in inspiring the next generation of local talent to embrace the sport across the GCC like never before.' Meanwhile, CEO of DP World ILT20 David White congratulated Kuwait Cricket on the vision and foresight that led to the alliance. 'The DP World ILT20's long term vision is to grow the game not only in the UAE but across the Gulf region,' he said. 'This partnership provides a great opportunity for Kuwait Cricket and their young players to develop further. We have seen it in the DP World ILT20 how the young UAE players have benefited enormously through this incredible platform under some world-class coaching. 'The UAE team recently won a T20I series against Bangladesh which is indeed a testament to the success of the DP World ILT20 as a lot of the UAE team members had received great exposure at the league in recent years, surely Kuwait and other countries in the region are going to benefit as well,' White said. Director General of Kuwait Cricket Sajid Ashraf described the partnership with the Emirates Cricket Board as a 'momentous collaboration' and a milestone for Kuwait Cricket. 'It opens the door to a long-awaited dream: enabling our Kuwait players to pursue full-time professional cricket careers on the international franchise stage,' he said. 'Just as importantly, it offers a powerful platform for corporate houses in Kuwait to connect with a vibrant, cricket-loving expatriate community of over two million people, within a total population of 5 million. This initiative provides a unique opportunity for Kuwaiti brands to expand their footprint regionally, starting with the UAE. We are deeply passionate about our Kuwaiti businesses becoming an integral part of both KCC and the DP World ILT20. 'These well-established corporations in Kuwait have so much to offer in supporting the continued growth of cricket across the region, and their involvement will only strengthen the sport's ecosystem,' Ashraf added. 'This is undoubtedly a win-win for all stakeholders — players, sponsors, partners, fans, and the broader cricket community. We are excited about the ILT20 Development Tournament and eagerly await the first ball being delivered right here in the State of Kuwait.' The DP World International League T20 Season 4 will begin on Tuesday, Dec. 2 — UAE National Day (Eid-Al-Etihad) — with the six-team, 34-match tournament set to conclude with the final on Sunday, Jan. 4, 2026.
Newsweek
21 hours ago
- Sport
- Newsweek
Rory McIlroy Reveals His New Motivation after Masters Win
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. After winning the Masters Tournament, Rory McIlroy stated that he was struggling to find the right motivation for his professional career. This was reflected in his results, but everything indicates that he is overcoming it. The Northern Irishman said he has identified new challenges in the near future that have motivated him to continue achieving good results. He addressed the issue during his press conference prior to the Travelers Championship. "I've always wanted to go to India, and the European Tour and DP World created a new event there," he said. "I was asked at the start of the year would I be interested in going, and I said yeah, that sounds amazing." "I'm excited to -- there's never been a green jacket in India before. So to bring the green jacket to India is something that's going to be really cool." Rory McIlroy of Northern Ireland attends a press conference prior to the Travelers Championship 2025 at TPC River Highlands on June 18, 2025 in Cromwell, Connecticut. Rory McIlroy of Northern Ireland attends a press conference prior to the Travelers Championship 2025 at TPC River Highlands on June 18, 2025 in Cromwell, five-time major winner also said that he is eager to return to one of the national opens that he has won throughout his career. "I've always loved the Australian Open. I've won there before," he said. "I won that in 2013. Adam [Scott] and I had a great battle down the stretch on the last day, he was the Masters champion at that point." McIlroy is well known for his very busy international schedule, and he explained it in the simplest way. "I don't know, I like to travel. I like to play in different parts of the world. I've never been to India. I haven't been to Australia in 10 years. So it's nice to go back to these places." Before last week's U.S. Open, McIlroy said he was searching for the right motivation to keep performing at his best. As you may recall, he won the Masters Tournament last April, completing the career Grand Slam and becoming only the sixth player to achieve this feat. This seems to have affected his game; for example, he finished tied for 47th at the PGA Championship on a course he has largely dominated, Quail Hollow. Two weeks later, he missed the cut at the Canadian Open, his first missed cut since last July. During this period, he also faced the declaration of his competition driver as non-conforming by the USGA, which may have also affected his mood and results. However, the 29-time PGA Tour winner seemed to find his bearings at the US Open. After nearly missing the cut at Oakmont, McIlroy improved throughout the tournament and finished in the top 20. The Open Championship, which will be played on his home soil at Royal Portrush, is another moment of the season that is sure to bring out the Northern Irishman's best game. More Golf: Adam Scott Shows Ultimate Class after U.S. Open Collapse
Al Bawaba
a day ago
- Business
- Al Bawaba
DP World Egypt Marks Historic Week with Landmark Arrivals – Reinforces Sokhna as Egypt's Gateway to Global Trade and Economic Security
DP World Egypt marked a significant milestone last week with the arrival of the Energos Eskimo at Ain Sokhna Port, spearheading a series of three strategic maritime operations that highlight the port's expanding role in advancing trade, energy and tourism throughout Egypt and the wider vessel, a Floating Storage Regasification Unit (FSRU) operated by New Fortress Energy (NFE), has docked for a series of specialised technical upgrades, including modifications to its high-pressure gas manifold. These enhancements are part of its preparations for a forthcoming call at SUMED Port, where it will begin injecting natural gas into Egypt's national grid. The project underscored Sokhna Port's capacity to support complex energy operations and its growing role in servicing the global gas FSRU vessel directly contributes to Egypt's energy resilience, ensuring a stable supply of natural gas to meet growing domestic Energos Eskimo operation was one of three high-impact achievements completed by DP World Egypt within the span of a single week, demonstrating the port's operational agility and its increasing contribution to Egypt's industrial and maritime development. Whether supporting energy, bulk cargo, or tourism, Sokhna continues to strengthen its position as a fully integrated hub for logistics, trade and passenger Shihab, Chief Executive Officer, DP World Egypt, said: 'DP World Egypt continues to prove its ability to manage diverse vessel types with efficiency and precision, from LNG carriers and dry bulk ships to cruise liners. Sokhna Port's strategic location and advanced infrastructure make it a vital connector between Egypt, East and North Africa, Asia and beyond, supporting both trade flows and the country's economic development goals.'Egypt's Largest-Ever Iron Ore ShipmentAlso, this week, Sokhna Port welcomed the Berge Kuju, a 300-metre dry bulk vessel arriving from Brazil with 180,008 tonnes of iron ore destined for Ezz Steel. Marking the largest iron ore shipment ever received at an Egyptian port, the cargo was efficiently discharged using the port's deep-water berths and high-capacity mobile harbour cranes, reaffirming DP World's capability to manage large-scale industrial imports with speed and delivery forms part of a long-term strategic agreement and supports more than 6 million tonnes of annual iron ore throughput at Sokhna, positioning the port as a key enabler of Egypt's manufacturing and industrial Operations Expand with Return of AroyaRounding out the week's achievements, Sokhna Port also welcomed the Aroya cruise ship on its second scheduled visit under an annual agreement with Cruise Saudi. The vessel carried 2,300 passengers, with disembarkation and customs clearance completed seamlessly – further strengthening Sokhna's position as a rising hub in the regional cruise tourism growing influx of cruise passengers stimulates Egypt's local economy, benefitting transport, hospitality and retail businesses in the surrounding Shihab added, 'Our continued investments in terminal capacity and integrated logistics solutions are enabling Egypt to support more advanced and diversified maritime operations, from heavy industry to tourism.'DP World Egypt remains committed to long-term investment in Egypt's trade and logistics landscape. The $80 million Sokhna Logistics Park, now nearing completion, will further enhance the company's ability to deliver seamless, multimodal supply chain solutions to local and global markets. By improving access to trade infrastructure and reducing logistical bottlenecks, the park is expected to attract foreign investment and boost Egypt's export competitiveness.
