logistics

DP World appoints new chairman and group CEO following departure of Sultan Ahmed bin Sulayem over ties to sex offender.

United Arab Emirates-based logistics giant DP World has appointed a new chairman and CEO, after coming under pressure over former company chief Sultan Ahmed bin Sulayem’s ties to the late sex offender Jeffrey Epstein

The UAE government’s Dubai Media Office said Friday that Essa Kazim had been appointed chairman and Yuvraj Narayan as group CEO of DP World, one of the world’s largest logistics companies, which claims to handle about 10 percent of global trade.

The roles were previously held by bin Sulayem, one of Dubai’s most powerful and well-connected people, who has led DP World – which operates more than 60 ports and terminals worldwide – for more than four decades.

Sulayem’s lengthy tenure at the helm of the logistics giant came to an end in a firestorm of controversy over his links with the disgraced financier, after recently declassified documents showed the pair had exchanged messages for years before and after Epstein pleaded guilty in 2008 to soliciting a minor for prostitution.

Salacious exchanges

The friendly exchanges between the two include discussions about deals and also mention bin Sulayem visiting Epstein’s private island while sharing contacts in business and politics.

The two men also shared salacious comments about women, with bin Sulayem’s email address featuring a correspondence in which Epstein remarked, “I loved the torture video.”

Bin Sulayem’s name was blacked out in documents released by the Department of Justice, but on Tuesday, Democratic Representative Ro Khanna identified him in the House of Representatives, along with five others whose names had been redacted, saying the government had shielded their names “for no apparent reason”.

Since Khanna’s speech to Congress, the Justice Department partially unredacted some of the files he pointed to.

Partners suspend ties

While the files referenced by Khanna did not appear to implicate bin Sulayem or the other men in any specific crimes, the revelation of bin Sulayem’s years-long friendship with Epstein prompted the ‌United Kingdom development investment agency, British International Investment, and Canada’s second-largest pension fund, La Caisse, to announce they had paused future ventures with DP World in response.

La Caisse, which in 2022 invested $2.5bn in Jebel Ali Port, the Jebel Ali Free Zone and the National Industries Park, three of DP World’s flagship assets in the UAE, said on Tuesday that it would not carry out further investments until it shed light on bin Sulayem’s links to Epstein and took “necessary actions”.

On Friday, British International Investment welcomed DP World’s appointment of a new ⁠chief executive and said it would resume investment alongside the company.

“We ‌welcome today’s decision by DP World and look forward to continuing our partnership to advance the development ⁠of key African trading ⁠ports to unlock the continent’s global trading potential,” a ⁠spokesperson for the agency said.

Epstein was convicted of procuring a minor for prostitution in 2008, spending about a year in prison before his release.

His contacts with a network of wealthy and influential figures continued in the wake of his conviction until an investigation into the wealthy financier was reopened in 2019.

Epstein died in prison that year while facing charges of sex trafficking underage girls.

President Volodymyr Zelenskyy says he has ordered Ukraine’s military leaders to respond after a spate of Russian attacks targeting railway infrastructure and logistics routes.

His comments on Monday come after Russian forces stepped up attacks, including on a train last week that killed five people in a railway car in the eastern region of Kharkiv.

Ukraine has managed to keep its nationwide rail network running despite almost four years of war. Russian forces have prioritised the capture of train hubs, such as Kupiansk and Pokrovsk in eastern Ukraine.

“The Russian army remains focused on terror against our logistics – primarily railway infrastructure,” Zelenskyy said in a post on social media. “In particular there were strikes in the Dnipro region and in Zaporizhzhia, specifically targeting railway facilities.”

State railway operator Ukrzaliznytsia warned that several of its routes in eastern Ukraine are becoming increasingly “high risk” and urged passengers to instead take buses.

In the eastern region of Sumy, Ukrzaliznytsia said it will monitor Russian drone threats and stop trains near bomb shelters if they emerge.

‘Very complex’ negotiations

Russian drones and missiles have continued to bombard civilian areas, killing 12 miners in a bus on Sunday in the most recent mass aerial attack. The barrages are also wrecking the Ukrainian power grid, leaving people without heating, light and running water in bitter winter cold.

The attacks come as a new round of US-brokered talks on ending the war are set to go ahead this week after a brief postponement. Kremlin spokesman Dmitry Peskov said discussions will take place on Wednesday and Thursday in Abu Dhabi, United Arab Emirates, where a meeting was held last month.

On Sunday, Zelenskyy said he will send a delegation.

United States President Donald Trump’s administration over the past year has pushed the two sides to find compromises to end the war. But breaking the deadlock on key issues appears no closer as the fourth anniversary of Russia’s all-out invasion of its neighbour approaches this month.

Peskov described the negotiations as “very complex”.

“On some issues, we have certainly come closer because there have been discussions, conversations and on some issues it is easier to find common ground,” he told reporters. “There are issues where it’s more difficult to find common ground.”

Russian envoy Kirill Dmitriev was in Miami, Florida, at the weekend for talks with American officials, but Peskov refused to provide any details of the meeting.

A key sticking point is whether Russia gets to keep Ukrainian territory its army has occupied, especially in Ukraine’s eastern industrial heartland. Moscow is also demanding possession of other Ukrainian land there that it hasn’t been able to capture on the battlefield.

Ukraine has ruled out ceding ground, saying such a move would only embolden Moscow, and it has refused to sign any deal that might fail to deter Russia from invading again.

After failing in its aim of a lightning offensive to capture Kyiv and topple Ukraine’s leadership in a matter of days in 2022, Russia has been bogged down in the face of Ukrainian defences and is now mounting a grinding advance that has come at a huge human cost.