DP World enhances cargo capacity by acquiring 47,000 TEU to meet rising client demands and streamline operations, reports Port Technology International.
DUBAI's DP World has acquired 47,000 TEU to enhance its cargo capacity and improve responsiveness to client demands, according to London's Port Technology International.
This acquisition provides DP World's clients with seamless access to essential container capacity, ensuring that products can be transported even during periods of high demand or unforeseen disruptions.
The company aims to reduce operating expenses by investing in a younger fleet with lower maintenance requirements.
Ganesh Raj, Global COO of Marine Services at DP World, stated: 'In today's increasingly complex and competitive commercial environment, supply chains are under growing pressure.'
'This injection of 47,000 TEU 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 efficiently.'
