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DP World acquires own-brand box fleet

[ October 16, 2024   //   ]

DP World has acquired 47,000 TEUs of its own-branded containers. The Dubai-based company, which is active in ports, forwarding and short-sea shipping said the move will give its customers access to critical capacity, even during periods of peak demand or unexpected disruption.

It adds that by investing in a younger fleet with reduced maintenance needs, the company aims to reduce its operating costs and can pass savings directly to customers.

DP World’s owned assets also include vessels, warehouse facilities, specialist pharma grade cold storage centres and transport and handling equipment.

Global chief operating officer for marine services, Ganesh Raj, said: “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.”

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