2Our BusinessOverviewSustainable value through global growth, service and excellenceMarine TerminalsContainer handling is our core business and generates more than three quarters of our revenueP&O Maritime ServicesOwns and operates a fleet of specialist vessels, including tugs, ice breakers, and river barges, providing logistics solutions to public and private sector customersDP World Cargo ServicesOne of South Africa’s major stevedoring companies, offering the full range of stevedoring servicesContainer Rail Road ServicesProvides connectivity between ports and their hinterland through a portfolio of service products including transport options by rail and a combination of road/railWorld Crane ServicesOffers third party inspection services for newly built container handling equipment, as well as on site inspection services for existing equipmentMarine TerminalsDP World has a portfolio of more than 65 marine terminals across six continents (1), including new developments underway in India, Africa, Europe, and the Middle East.Container handling is the company’s core business and generates more than three quarters of its revenue. In 2014, DP World handled 60million TEU (twenty-foot equivalent container units). With its committed pipeline of developments and expansions, capacity is expected to rise to more than 100 million TEU by 2020, in line with market demand.DP World has a dedicated, experienced and professional team of 30,000 people serving its customers around the world, and the company constantly invests in terminal infrastructure, facilities and people to provide quality services today and tomorrow, when and where customers need them.In taking this customer-centric approach, DP World is building on the established relationships and superior level of service demonstrated at its flagship Jebel Ali facility in Dubai, which has been voted “Best Seaport in the Middle East” for 20 consecutive years.Other BusinessesIn addition to its marine terminals business, DP World also operates P&O Maritime Services, World Crane Services, DP World Cargo Services, and DP World Intermodal.P&O Maritime Services is a specialist maritime service solutions and these service solutions are facilitated through P&O Maritime’s ownership, operation and management of a fleet of specialised vessels for customers’ long term requirements.World Crane Services, established in 2002, is rapidly growing business offering Third Party Inspection services with respect to new building of container handling equipment, as well as on site inspection services for existing equipment. It provides quality services designed to enhance the condition, performance and lifetime costs of operating mechanical handling equipment on the individual’s terminals.DP World Cargo Services is one of South Africa’s major Stevedoring companies and is able to offer a full complement of stevedoring services, which include Containers, Bulk, General Cargo, Project Cargoes, as well as Car Carriers, Reefer vessels and Passenger Vessel stores & baggage handling.Container Rail Road Services Private Limited (CRRS/DP World Intermodal) provides DP World customers yet another ‘outside the gate’ service. Granted a ‘Category 1’ Licence by the Indian Railways to own and operate container trains for an initial period of 20 years, CRRS is permitted to carry both EXIM and Domestic container traffic.P&O HeritageDP World takes great pride in its association with the venerable heritage of P&O and is committed to preserving and protecting the history of this famous British company. We have a dedicated in-house team of curators who maintain and preserve the 25,000 items and archives that make up the P&O Heritage Collection.The P&O Heritage website is designed to allow our collections – and the history of P&O – to be more accessible to the public, thereby continuing to keep alive the memory of the enormous contribution P&O has made to numerous people and countries around the world since We celebrated in 2012 the 175th anniversary of P&O.
3Marine TerminalsOverviewDP World is a global marine terminals operator with a portfolio of more than 65 terminals across six continents(1), including new developments underway in India, Africa, Europe and the Middle East.Container handling is the company’s core business with a focus on origin and destination cargo and faster growing emerging markets.In 2014, DP World handled 60 million TEU (twenty-foot equivalent container units) and its gross capacity reached 70 million TEU. With its committed pipeline of developments and expansions, capacity is expected to rise to more than 100 million TEU by 2020, in line with market demand.DP World has a dedicated, experienced and professional team of 30,000 people serving its customers around the world.(1) As of February 2015
4A Committed Portfolio Australia & Americas OverviewArgentinaAustraliaBrazilCanadaDominican RepublicPeruSurinameAustralia & AmericasAlgeriaBelgiumDjiboutiEgyptFranceGermanyMozambiqueNetherlandsRomaniaSaudi ArabiaSenegalSpainTurkeyUAEUKMiddle East, Europe & AfricaChinaHong KongIndiaIndonesiaPakistanPhilippinesSouth KoreaThailandVietnamAsia Pacific & Indian Subcontinent
5Fast FactsOverviewSustainable value through global growth, service and excellenceDP World handles approx. 9% of the world’s container tradeAround the world, DP World handles more than 150,000containers a dayDP World is the fourth* largest marine terminaloperator in the world by throughput*2013; based on equity TEU. Source: Drewry Maritime ResearchPut end to end, the containers we handle in a year would circle the world more than eight timesOur yard area covers 1,374 hectares,the equivalent of almost 2,000 football pitchesWe serve around 66,000 vessels a year – or nearly 180 a dayWe operate more than 6,000 container handling cranesOur team of 30,000 people is truly global, made up ofmore than 90 nationalitiesDP World has more than 55 kilometres of quay wall globally
6Global Container Port Industry OverviewGlobal container port industry Regional Split of 2013 Industry Container VolumesUnique IndustryOver 4500 container ports around the worldServing a fleet of 5950 container vesselsReview of industry in 2013623 million TEU handled globally (39% Far East)931 million TEU capacityUtilisation rate of 66%Industry ForecastsContainer volumes expected annual average growth of 5.4% vs. expected capacity growth of 3.7%Volumes expected to reach 840million TEU by 2018Emerging markets will outperform industry as a wholeAll data from Drewry Maritime Research's Global Container Terminal Operators 2014 Annual Report and Alphaliner
7Timeline Timeline 2005 CSX World Terminals acquired DP World created 1972Port Rashid Development1991Dubai Ports Authoritycreated2000Concessions won in Jeddah (Saudi Arabia) and Djibouti2003Concession won in Constanta (Romania)2007ListedNASDAQ Dubai1999Dubai Ports International FZEformed1979Jebel Ali Port Open2002Concession won in Visakhapatnam (India)2004Concession won in Cochin (India)2006P&O Acquired2011ListedLondon Stock Exchange
8Recent HighlightsTimelineAs a premier partner, we supported Dubai’s successful bid TO HOST Expo2020The first ship called at DP World London Gateway, Britain’s new high-tech shipping port and Europe’s largest logistics hubDP World reports 8.9% volume growth in 2014; Handling 60m TEU across its portfolioDP World terminal in Embraport (Brazil) became operationalJebel Ali launched its new one million TEU Terminal 2 expansion, welcoming one of the world’s largest container vessels, the MSC La SpeziaThe most advanced semi-automated terminal in Australia officially opened at DP World Brisbane
9Vision, Mission and Values Vision, Mission & ValuesVisionMissionValuesSustainable value through global growth, service and excellence.A global approach to a local business environment where excellence, innovation and profitability drive our core business philosophy of exceptional customer service.Commitment to our people and our customersProfitable global growthResponsible corporate and personal behaviourExcellence and innovationOur Vision looks to our future. It gives direction to where we are going and what we want our Company to becomeOur Mission describes our purpose. It says what we exist to do and how this takes us towards achieving our Vision.Our Values are the common principles that shape our culture. They describe “how we do things” at DP World.
10Strategy Our Vision, Mission and Values Are embedded in our strategy Vision, Mission & ValuesOur Vision, Mission and Values Are embedded in our strategySTRATEGIC PILLARSOur organisation-wide strategic pillars define objectives that apply across the regions and business units in our Group.STRATEGIC PRIORITIESOur four strategic priorities tell the story of our strategy and describe how we create value for our stakeholders by focusing on four critical business areas.
11Why DP World investors Why DP World Significant operational leverage from price improvements, cost management and high utilisationDP World is focused on faster growing emerging markets handling price making cargo in an industry with high barriers to entryEBITDA margins will continue to improve, reaching 50% in the medium termDP World has a strong balance sheet, well positioned to finance expansion of the portfolio to approximately 100 million TEU by around 2020DP World has invested over $6 billion since in assets that have an average life of approximately 40 yearsReturn on capital employed has doubled since 2009 and will continue to improve as the portfolio matures
12Why DP World customers Why DP World Global Spread Six continents…over 30 countries…we are where our customers need us to beCustomer ServiceAlways asking what we can do better for our customers leads to unparalleled levels of serviceLong-Term ConcessionsWith an average terminal concession length of 40 years, we’re in it for the long termInnovationForever looking for smarter, safer and quicker ways to do things means we’re always one step ahead of the competitionProductivity and EfficiencyMinimising vessel turnaround times and helping speed goods to market is a priorityStrong Balance SheetFinancial agility means we can take advantage of new opportunities as and when they arise
13Why DP World careers Why DP World Learning & Development We nurture our people and help them achieve their full potential. The in-house DP World Institute offers courses for every employee at every levelGlobal OpportunitiesWith a presence in over 65 countries, we offer truly international career prospectsEmployer of ChoiceWe recruit and retain the best in the business, providing our people with support and the means to excelResponsibilityOur people are valuable and valued members of the communities in which we operate
14Jebel Ali Port Our flagship facility and gateway to the region Jebel Ali is the world’s largest man-made container port and the largest between Rotterdam and SingaporeJebel Ali can accommodate any vessel size in existence or on orderApproximately 50% of volumes are “Destination or Origin Dubai”World’s 9th largest container port in 201315 m TEU capacity today, 19m TEU in the second half of 2015Total quay length of over 20 kms, a footprint of 12 million sq metres, 78 giant quay cranes
15Jebel Ali Port Our flagship facility and gateway to the region Over the last 10 years average ship size at Jebel Ali has doubled100 million containers passed through DP World, UAE Region terminals in ten years to Jan 2013Jebel Ali is the gateway to Middle East, Africa and Indian SubcontinentOver 180 shipping lineswith more than 90 weekly servicesAbility to handle the largest container vessels afloat and on orderEmploys more than 6,000 people in UAE Region
16Jebel Ali Connectivity Looking forward, Etihad Rail will have a depot within the Jebel Ali facility which will be connected to the rest of the GCC via rail adding unprecedented reach for the supply chain industry.A dedicated sea – air customs bonded corridor providing the shortest transit in the world, connecting a sea – air box within 45 minutes of dischargeConnected through the main UAE / GCC Road network to the region – 2 to 3 days road transit to anywhere in the GCC.
18SustainabilitySustainabilityOur objective is to integrate responsible business practices into our daily activities, growing our business in a sustainable mannerCommunityBuild sustainable communities through strategic community investmentEnvironmentReduce our impact on the environment through innovation, new technologies and behavioural changePeople & SafetyBuild an inclusive supportive and safe work environment that develops our people and creates a culture of diversity and well being.MarketplaceBe recognised as a sector leader in corporate responsibility and governance, thought leadership and innovation
20Organisation Organisation SULTAN AHMED BIN SULAYEM CHAIRMAN JAMAL MAJID BIN THANIAHNON-EXECUTIVE DIRECTOR AND VICE CHAIRMANSIR JOHN PARKERSENIOR INDEPENDENTDEEPAK PAREKHINDEPENDENT NON-EXECUTIVEDIRECTORROBERT WOODSMARK RUSSELLMOHAMMED SHARAFGROUP CHIEF EXECUTIVEOFFICERYUVRAJ NARAYANCHIEF FINANCIALSultan Ahmed Bin Sulayem has served as Chairman of the Board of the Company since 30 May 2007.Jamal Majid Bin Thaniah has served as a Director and Vice Chairman of the Company since 30 May 2007 and became a Non-Executive Director on 27 October 2009.Sir John Parker has served as an Independent Non-Executive Director and Vice Chairman of the Company since 30 May He also acts as the Senior Independent Director.Deepak Parekh was appointed as an Independent Non-Executive Director of the Company on 22 March 2011.Robert Woods was appointed as an Independent Non-Executive Director of the Company on January 2014.Mark Russell was appointed as an Independent Non-Executive Director of the Company on 11 August 2014.Mohammed Sharaf has served as Group Chief Executive Officer since 2005 and as a Director of the Company since 30 May 2007.Yuvraj Narayan has served as Chief Financial Officer of the Group since 2005 and as a Director of the Company since 9 August 2006.
21Contact Us HEAD OFFICE DP World 5th Floor, JAFZA 17 Jebel Ali Free ZonePO Box 17000Dubai – UAET: F:Added by Dana, they will provide information