DP World, p&o ferries
DP World to invest $1.3bn to expand London port, making it UK's largest within five years
Global ports operator DP World will invest £1 billion ($1.3 billion) to expand its London Gateway container port, making it Britain's largest within five years and “significantly” increasing the volume of trade at the seaport.
DP World's UK port investment is going ahead, minister says
LONDON (Reuters) -Port and logistics firm DP World is going ahead with a 1 billion pound ($1.3 billion) investment in its London Gateway port, Britain's government said on Sunday after reports last week that the company had paused the project in protest.
Port plan to go ahead after row over minister's comments
A £1bn investment in an Essex port will take place, despite a row with the owner of P&O Ferries, the business secretary has said. It had been suggested DP World might shelve the plan after Transport Secretary Louise Haigh described P&O Ferries as a "rogue operator".
DP World, UK Resolve Row That Threatened £1 Billion Port Plan
DP World Ltd. reversed its decision to pull out of a UK government investment summit Monday and is announcing a £1 billion ($1.3 billion) investment in its London Gateway port that will create 400 jobs.
DP World says it is going ahead after all with 1 billion pound port investment, Bloomberg reports
Port and logistics firm DP World is going ahead with a 1 billion pound ($1.3 billion) investment in its London Gateway port that will create 400 jobs, Bloomberg reported on Saturday, after media reports earlier this week said the Dubai-based company was pulling out of the planned investment.
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