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Dubai Ports World is a multinational logistics company based in Dubai. It was formed in 2005 by the merger of Dubai Ports Authority and Dubai Ports International. It specializes in cargo handling, port terminal management, maritime services and free trade zones.
Parent organizations of DP World are Dubai World, Port & Free Zone World FZE. Dubai World is a sovereign investment company that manages and supervises a portfolio of businesses and projects for the Government of Dubai across a wide range of industry segments and projects that promote Dubai as a hub for commerce and trading. Port and Free Zone World is a wholly-owned subsidiary of state investment vehicle Dubai World.
It manages 82 marine and inland terminals in over 40 countries. In 2018 the company had revenue of $ 8.5 billion. It employs 50,000 people.
n 2016 DP World reached an agreement with Somaliland to build Port of Berbera at a cost of $442 million. This agreement comes as part of a government-to-government Memorandum of understanding between the Government of the United Arab Emirates and the Government of Somaliland.
DP World was the first maritime terminal operator to get ISO 28000 supply chain security certification and is implementing this standard to all its terminals.