Dubai port group DP World is to be traded on the London Stock Exchange for the first time on June 1, amid concerns that the Nasdaq Dubai exchange listing three years ago does not offer shareholders enough liquidity.

The partially state-owned firm, which controls a huge portfolio of international cargo docks including Tilbury, Southampton and London Gateway under development in the UK and five of the largest in Australia, is to list a series of depository interests on the London Stock Exchange, while retaining its primary listing on Nasdaq Dubai, the company confirmed this morning.