Patience of Job

India signed a 10-year contract with Iran to develop Chabahar Port, investing US$370m to enhance trade routes to Iran, Afghanistan, and Central Asia, bypassing Pakistan.

In addition to the Red Sea conflict, recent economic indicators suggest underlying demand growth, particularly in India’s production and export orders.

A contract extension of 25 years from 2033, and new investment aim to make Maputo an even stronger competitor to South African ports.

DP World has signed multiple Memoranda of Understanding (MoU) with the provincial government of Gujarat in India, covering the development of ports, logistics centres and economic zones.

DP World has won the tender to build a new container terminal at Tuna-Tekra, Deendayal port in Gujarat.

The Asian Development Bank (ADB) has given Nhava Sheva Freeport Terminal Private Limited (NSFTPL) a US$131 million loan to upgrade the Jawaharlal Nehru Port Container Terminal.