Dubai's DP World has another $4.5bn it wants to invest in terminals.

The ports and shipowning group is expanding a global platform set up with Canada's Caisse de depot et placement du Quebec (CDPQ) in 2016.

The venture has hit its first target of spending $3.7bn on stakes in 10 terminals since launching, as well as financing the existing portfolio in North America, South America and Asia Pacific.