Ipswich milestone for ABP and Clarksons
NewsABP and Clarksons Port Services have marked 25 years of ABP’s ownership of the Port of Ipswich and Clarkson’s tenure at the Sentinel Terminal.
Bidding war for P&O Ports?
A bidding war for P&O Ports group is on the cards after the company announced in London that it had received a “tentative approach” from Dubai Ports World (DP World). This is the name for the newly-combined DPA, DPI and former CSXWT operations run by Mohammed Sharaf, formerly managing director of DPI Terminals. Shares in P&O Steam Navigation Company rose to their highest level in five years on the news, by 39 per cent to £4.2975 – enough to value the company at �3.12 bill (US$5.5 bill). Any offe
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