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Red Sea Risk Ports and Logistics Finance

DP World profits down 59% amid ‘deteriorating geopolitical environment’

Red Sea attacks have been a significant disruptor in the supply chain sector in the first half, says DP World, and near-term trading outlook remains uncertain owing to macroeconomic and geopolitical headwinds

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DP World’s revenue rose 3.3% to $9.34bn driven by its logistics, ports and terminals divisions, but first-half profits fell 59% as the company grappled with shipping disruptions due to the ongoing Red Sea crisis amid tensions in the Middle East

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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