DUBAI's dp World has acquired 47,000 TEU to enhance its cargo capacity and improve its responsiveness to client demands, reports London's Port Technology International.
The acquisition reportedly provides DP World's clients with smooth access to crucial container capacity, guaranteeing that products can be moved even during high demand or unforeseen disruptions.
The firm intends to cut operating expenses by investing in a younger fleet with lower maintenance requirements.
Ganesh Raj, global COO, marine services at DP World said: '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 from end.'
SeaNews Turkey
The acquisition reportedly provides DP World's clients with smooth access to crucial container capacity, guaranteeing that products can be moved even during high demand or unforeseen disruptions.
The firm intends to cut operating expenses by investing in a younger fleet with lower maintenance requirements.
Ganesh Raj, global COO, marine services at DP World said: '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 from end.'
SeaNews Turkey
