Addleshaw Goddard Hires Ian Le Pelley
London-based law firm Addleshaw Goddard has boosted its transport team with the addition of ports and terminals expert Ian Le Pelley. Formerly Group Deputy General Counsel for DP World, one of the largest port operators across the globe, Ian has unparalleled expertise in the ports sector.The move is a commitment to boosting AG's ports practice as it builds on the strength of its U.K. work to deliver a truly international presence, the law firm said. With significant cross-border M&A experience, and having acted on a number of $1bn+ projects worldwide, Ian's links with the global ports
P&O Maritime Logistics Names Helweg CEO
Marine solutions and logistics company P&O Maritime Logistics (POML) said it has appointed Martin Helweg as its new Chief Executive Officer. He will report to Mike Bhaskaran, DP World’s Chief Operating Officer for Logistics and Technology.For the past three years, Helweg has been responsible for P&O Maritime Logistics’ global operations. Earlier, Martin spent over 15 years in marine service solutions working for Svitzer, an A.P. Moller-Maersk Company in regional CFO and CEO roles across the Americas, Europe, the Middle East and Asia.P&O Maritime Logistics was created last year
Women in Maritime: New UK Taskforce Established
Sarah Dhanda, British Marine Elizabeth Paull, Aquatec Karen Waltham, HR Network Iain Mackinnon, MSA Ruth Hodgson, Mersey Maritime Anne-Marie Mountifield, Solent LEP Sarah West, ABP Andrew Moffatt, Port of Tyne Nicky Goldsbrough, Shoreham Port Justine Brown, DP World Europe Kirsi Tikka, American Bureau of Shipping Julie Lithgow, Institute of Chartered Shipbrokers Nicola d’Hubert,Lloyds Register Bridget Hogan, Nautical Institute Debbie Cavaldoro, Nautilus Kathy Stanzel, Intertanko Paula Porter, Carnival UK Guy Platten/Holl
Falaknaz Appointed Innovation Officer, DP World
As part of its focus on innovation, DP World has appointed Sara Falaknaz as Chief Innovation Officer with immediate effect. Falaknaz is currently the Vice President of Innovation for DP World and her new duties will expand the role in other directions. The company is building a group-wide global innovation structure across its operations and has already created an online portal called “innoGate” to collect ideas from its 37,000 strong workforce across 40 countries. She will also lead exploration of investment in breakthrough and disruptive ideas that could change the face of the
Dubai Shipping Volumes Sink
Dubai shipping volumes - cargo handled at Dubai's ports, which includes flagship terminal Jebel Ali - fall for third quarter Gulf News reports quoting the latest DP World figures. DP World's ports in the United Arab Emirates, all located in Dubai, handled 3.75 million twenty-foot equivalent units (TEUs) in the three months to June 30. That is 6.2 per cent lower than the 4 million TEUs it reported for the second quarter of 2015 and follows a 5.9 per cent decline in the first quarter of 2016. Cargo volumes at its Dubai ports fell by 2.89 per cent in the fourth quarter
DP World Trains Next Generation
Global trade enabler DP World is to launch an international education programme, focusing on trade and logistics to help ensure the future growth of the sector and knowledge of its vital role in providing employment and developing national economies. The programme aims to counter findings revealed today of a survey across the MENA region commissioned by DP World that highlights widespread misunderstanding of trade and logistics, its role in everyday lives, value to economies and potential as a career option. DP World believes this is impeding the industry’s ability to attract and
London Looking to Expand Team of Marine Pilots
. We are forecasting that over the next two decades the Port of London will become the largest its ever been and we are adding to the team to help bring a variety of ships, including the largest in the world, safely on to the Thames.” Key investments on the Thames include those at DP World London Gateway and the Port of Tilbury. London Gateway is due to open their third berth in Q4 2016, adding capacity to handle an extra 600,000 containers per annum, while the Forth Ports recently announced plans for a £100 million investment at the Port of Tilbury and are currently building
Jebel Ali Port to Expand
DP World signed two major contracts for civil construction work at its new Container Terminal 4 on a reclaimed island in Jebel Ali Port. His Excellency Sultan Ahmed Bin Sulayem, DP World Group Chairman and Chief Executive Officer; Zeyad Baker, Executive Director, Dutco Balfour Beatty LLC and Patrick McKinney, Area Manager, Middle East and Gulf, BAM International Abu Dhabi LLC – Dubai Branch, signed on behalf of their respective companies. The ceremony took place at DP World Head Office in Jebel Ali and was attended by senior officials including Vice Chairman HE Jamal
DP World London Gateway Hires Head of Commercial Port
James Leeson starts in role at the UK’s newest deep-sea container port, with Tabare Dominguez promoted to role in Vancouver DP World London Gateway Port has appointed James Leeson to the role of Head of Port Commercial following the announcement that Tabare Dominguez is to become Commercial Director at DP World Vancouver. Leeson started in the role this month, bringing with him more than
Port Automation Puts Labor on Notice
, described as the world’s greenest container shipping terminal, in 2020. Similar projects have launched in other parts of the world, including APMT’s April unveiling of the first fully automated terminal in the world, in Rotterdam, which will be joined by yearend by a similar project, DP World’s Rotterdam World Gateway, and eventually, an all-electric port in Mexico. Global Container Terminals, Inc. (GCT), where automation was uniquely retrofitted on top of the existing, fully operational terminal, due to land constraints, is currently the most automated terminal in the U.S., having
Walters Joins Peel Ports Group
Former P&O and ABP executive appointed group commercial director Peel Ports Group confirmed the appointment of Patrick Walters as group commercial director. Walters is a leading commercial executives in the U.K. ports industry, having held top positions in P&O Ports, DP World and Associated British Ports. Peel Ports group CEO Mark Whitworth believes that Patrick’s experience will prove invaluable as the business commits itself to extremely ambitious growth plans. Whitworth said: “Securing Patrick Walters is a major coup for the company and he brings exceptional experience and
DP World Raises $1B
DP World took advantage of strong market conditions and scarcity value to raise a $1 billion convertible bond with a ten year lifespan on Thursday, in order to fund growth opportunities and diversify its funding sources. The issue is a rare example of an international convertible bond from a Middle Eastern company and comes at a time when convertible bonds have drawing investors' attention following a spate of issuance by European firms. Pricing for DP World's debut convertible issue came at the mid point of both the 1.5 to 2 percent coupon guidance and the 35 and 40 percent conversion premium
