P&O Ports wins contract to operate a container terminal in Port Sète in France. Getty Images
P&O Ports wins contract to operate a container terminal in Port Sète in France. Getty Images
P&O Ports wins contract to operate a container terminal in Port Sète in France. Getty Images
P&O Ports wins contract to operate a container terminal in Port Sète in France. Getty Images

P&O Ports sails into the south of France


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P&O Ports, a Dubai government-owned terminal operator, announced Friday that it will operate the container terminal in France’s Port de Sète.

The three-year agreement may be extended to a long-term concession in the future, the company said. Sultan bin Sulayem, chairman of the Dubai Ports, Customs and Free Zone Corporation (PCFC), said that the development of this terminal, expected in October, will increase traffic.

“In the early stages it will continue to primarily cater for feeder services in the eastern Mediterranean, the Maghreb region and North Africa,” he said. “Once development takes place with the backing of our regional partners we expect to see more multinational shippers use

its services with other international destinations added over time.”

Located in the Occitanie region, Port de Sète is able to cater to a variety of vessels with additional land to be developed for the container activity. It will provide a gateway to French towns, such as Toulouse and Montpellier, while also forming part of a network to Italy and Spain.

Jean Claude Gayssot, president of the Port de Sète, said that working with P&O was a “source of great opportunity” based on the Dubai firm’s global shipping operations.

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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

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Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
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