Shipping article(s)
Rating
DP WORLD ACQUIRES 47,000 TEUS TO BOOST CAPACITY
October 16, 2024

DP World said it has acquired 47,000 TEUs that have been registered and branded to the company for the first time.

 

The new containers will enhance DP World's cargo capacity and its ability to promptly and flexibly meet customer needs.  

 

"This acquisition provides DP World's customers seamless access to critical container capacity, ensuring that even during periods of peak demand or unexpected disruptions, they have the ability to keep goods moving," DP World said.

 

The end-to-end logistics operator noted that by enhancing its control over delivery schedules, it can minimise the risk of delays, which makes customers' supply chains more resilient and responsive in today's fast-paced environment.

 

This acquisition, DP World said, is aligned with its fleet renewal strategy, highlighting the company's commitment to providing customers with reliable and efficient equipment.

 

DP World said it aims to reduce its operating costs by investing in a younger fleet with reduced maintenance needs, passing these savings directly to customers.

 

"In today's increasingly complex and competitive commercial environment, supply chains are under growing pressure. This injection of 47,000 TEUs into the existing ecosystem of DP World-owned assets will help our customers access the capacity they need, safe in the knowledge that their goods will be moved from end to end with a single partner," said Ganesh Raj, global chief operating officer, Marine Services at DP World.

 

DP World's owned assets span the full, multimodal logistics supply chain—from vessels, ports and terminals, economic zones, warehouse facilities, and specialist pharma-grade cold storage centres to electric shuttle carriers, HVO-trucks, and digital wallets, all spread across 78 countries on six continents.

 

DP World noted that these containers will be transported on fuel-efficient vessels, trucks, and trains, aligned with its sustainability commitment.

 

"DP World continues to focus on the strategic expansion of its assets and expertise as part of its efforts to streamline the flow of trade, lower costs, and reduce environmental impact," the announcement said, adding that fundamental to these efforts is DP World's commitment to its customers and effort to simplify processes and boost technology to reduce friction and help trade flow.

Verification Code: