DP World Becomes a Full Logistics Operator in Peru10 Oct 2019
DP World Becomes a Full Logistics Operator in Peru
Operations evolve in the space of two years from a greenfield terminal into a fully integrated maritime and logistics hub for South America
DP World’s business in Peru, which began with container handling at the Port of Callao, has expanded into a fully integrated maritime and logistics operation, catering to the needs of customers across the entire supply chain. Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, visited Peru’s chief port – the Port of Callao - to assess progress of the project.
“Our operations in Peru show in action DP World’s strategy of enabling smarter global trade,” said Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World. “We run ports, logistics hubs, trucking companies and maritime services providing our customers in Peru with seamless services at every stage of the supply chain.”
“Peru is an optimum illustration of how we are applying around the world the know-how learned at Jebel Ali Port and JAFZA in Dubai. It is a benchmark of what we aim to achieve bringing greater prosperity to the countries in which we work, and to the UAE,” the Group Chairman added.
Since building the greenfield Port of Callao, DP World has increased its investment in Peru. The company acquired Cosmos Agencia Maritima S.A.C. (CAM), which offers maritime services. Reach into Peru was extended when DP World bought Neptunia S.A and Triton Transport S.A, which run logistics hubs, warehouses, bonded storage and trucking. The integrated platform of supply chain services supports customers doing business in Peru and beyond.
As a result, DP World Callao acts as undisputed Gateway for Peru’s import and export container traffic, as well as a chief point for regional transshipments. The integration has equipped DP World to turn Peru into a trade hub for the Latin America region. In the first half of 201, DP World handled 35.8 million TEU (Twenty-Foot Equivalent Units) across its global portfolio of container terminals, with gross container volumes growing by 0.5% year-on-year on a reported basis and 0.5% on a like-for-like basis.
“Trade is a driver of economic growth for Latin America and for countries all over the world, and this where we add value in our role at DP World as a global trade enabler,” Bin Sulayem added.
DP World has become a major player in the Americas with a network of terminals in Peru, Argentina, Ecuador, Chile, Brazil, Dominican Republic, Suriname and Canada. DP World’s operations in the Americas remain committed to play a central role in enabling global trade, and targeting a broader strategy to expand operations across the supply chain, as exhibited in Peru.
About DP World
DP World is a leading enabler of global trade and an integral part of the supply chain.
We operate multiple yet related businesses – from marine and inland terminals, maritime services, logistics and ancillary services, to technology-driven trade solutions.
We have a portfolio of over 150 operations in over 45 countries across six continents, with a significant presence in both high-growth and mature markets. We aim to be essential to the bright future of global trade, ensuring that everything we do contributes positively and sustainably to both the economy and society.
Our dedicated team of more than 46,000 employees from 120 countries cultivates long-standing relationships with governments, shipping lines, importers and exporters, communities, and many other important constituents of the global supply chain, providing quality value-added services today and tomorrow.
Container handling is the company’s core business and generates more than 50% of its revenue. In 2018, DP World handled 71.4 million TEU (twenty-foot equivalent units) across our portfolio. With its committed pipeline of developments and expansions, the current gross capacity of 91 million TEU is expected to rise in line with market demand.
By thinking ahead, foreseeing change and innovating, DP World aims to create the most productive, efficient and safe trade solutions globally.