Analysts worry that a lack of long-term cargo growth in the Arabian Gulf could result in large amounts of unused capacity at the competing ports of Jebel Ali in Dubai and Khalifa in Abu Dhabi, United Arab Emirates.
DP World’s efforts to reach shippers directly through logistics and technology acquisitions is visible in the growth of its non-port-operating revenue last year.
DP World continues to expand its basket of digital services to complement investments it’s made in physical assets, all designed to funnel volume into its terminal operating network.
After successful trials at the Jebel Ali Port in Dubai, terminal operator DP World is planning to deploy its innovative Boxbay storage system at up to four of its facilities.
In its drive to be more than a port terminal operator, DP World is spearheading a program that gives traders in “south–south” lanes between emerging markets logistics benefits for routing trade through Dubai’s airport and seaport.
Freightos has developed an application programming interface (API) to allow e-commerce marketplaces to plug international freight services directly into their broader offerings to business-to-business sellers.
The ratio of cargo rollovers at transshipment ports continues to rise with carriers unable to maintain reliable schedules and battling to return equipment to Asia to serve the booming export trades.
While the pandemic has resulted in a global drop in some sectors such as containers and ro-ro, Abu Dhabi Ports saw an increase in business owing to a spike in its logistics activity