Three new Mobile Harbour Cranes to increase cargo-handling capacity by 40%, marking the first phase of DP World’s total US$800 million investment to modernise the Port of Tartous.

AI Summary

DP World has commenced modernization of the Port of Tartous in Syria with the delivery of three new Mobile Harbour Cranes, increasing cargo-handling capacity by 40%. This marks the first phase of the $800 million investment under a 30-year concession agreement with the Syrian Government.

DP World has reached a significant milestone in the modernisation of the Port of Tartous with the arrival of the first of three new Mobile Harbour Cranes (MHCs). The delivery marks the first major investment under the company’s 30-year concession agreement with the Syrian Government following its signing last year, and the start of a ...