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Emirates News Agency – Sultan Bin Sulayem: DP World Group’s portfolio reaches 137 terminals in over 60 countries, including 94 seaports.

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  • Sultan Bin Sulayem: DP World Group's portfolio reaches 137 terminals in more than 60 countries, including 94 seaports.

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During the session on “Business in a Changing World: Creating Opportunities and Promoting Prosperity” as part of the Arab Media Forum’s first day of activities.
“The company’s share of global container traffic is 11% and it is currently considered one of the fastest-handling companies.”
“Investments worth 3 billion riyals to improve operations at Jeddah Islamic Port in line with Saudi Vision 2030 and expected business growth.”
“Supply chain and logistics is one of the most fragile industries around the world, and we are working to overcome their challenges to deliver speed, cost and quality to our customers, including shipping and merchants.”
“DB World acquired the largest private freight train operator in India and we are currently in talks to acquire the largest state-owned operator to meet the needs of our customers.”
“The Economic Corridor project between India, the Middle East and Central Europe represents an addition and support to many existing modes of transport, and will not adversely affect the movement of traffic through the Suez Canal, an essential water artery to the world. .”
DUBAI, 26th September / WAM / Sultan Ahmad Bin Sulayem, Chairman of the Board of Directors and Chief Executive Officer of Dubai Ports World Group (DB World), confirmed that the company currently has excellent experience in managing and developing ports and logistics facilities. The world and it has moved past the stage of managing and operating ports. It is strongly involved in logistics services and elements of supply chains to provide rapid solutions to move traffic and trade from factory to consumer. Manufacturers can reach their customers at a very low cost and in a very short time, which means that the volume of global container traffic is currently about 11%, and it is one of the fastest companies in loading and unloading cargo. It started operating outside the country at the end of the nineties, at the request of shipping companies that wanted to benefit from the speed we were finishing, starting with Jeddah Islamic Port in the sister Kingdom of Saudi Arabia (DP World). ) Jebel Ali has vast experience in port management, its current portfolio comprises 137 terminals in more than 60 countries including 94 seaports worldwide.
This took place as part of the activities of the first day of the twenty-first session, with an interview by author and journalist Imad Al-Din Adeeb on the topic “Business in a Changing World: Creating Opportunities and Promoting Prosperity”. The Cabinet of the Arab Media Forum held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and President of the United Arab Emirates and Ruler of Dubai, may God protect him.
His Highness Sultan Bin Sulayem revealed that DB World Group is investing about 3 billion Saudi Riyals to improve operations at Jeddah Islamic Port. Across the world’s continents and employing more than 106,000 employees, DP World supports these ports with Emirati employees and a parent company in Dubai, in addition to employees from all countries with a global presence, representing its new investments. Jeddah Port has Saudi Arabia’s 2030 vision and expected increase in trade traffic.
On the trend of expanding the company’s activities into logistics services around the world, His Highness Sultan Bin Sulayem said that the company is primarily focused on managing its own and operated ports around the world and operating them with giant cranes and high-tech systems. , but found that there are other factors outside of ports that can affect our needs for speed. Dealing with roads, infrastructure, storage areas, inland shipping, etc. Fast delivery of products from factory to dealer worldwide. In the period from 2016 to 2021, it invested more than $6 billion to acquire companies associated with the chain of operations. He announced that the company is currently in talks to buy cargo from ports to distributors in India to buy India’s largest private rail companies to deal with slow movement of traffic through trucks, supply and logistics services and building e-commerce and digitization services. Acquisition of India’s largest state-owned railway company.
Bin Sulaym said: “DP World Group is currently one of the largest operators in India, Britain, Australia, Peru, Canada and other countries in the world, and it has contributed to the growth and development of its customers’ work, including shipping. Companies and shipping companies around the world, shipping, loading and Out of the ports as a result of the work standards we adhere to in terms of unloading and transportation,” he said, pointing to the group’s investment in buying trucking companies for transportation. Goods and warehouses serving 154,000 points of sale in Nigeria, he added: “We distribute goods to traders in over 20 African countries.”
Sultan bin Sulaymud emphasized that the India-Middle East-Europe Economic Corridor project, announced during the G20 summit in India this September, will enhance and complement the integration and economic connectivity between Asia and Europe. Currently supporting the various trade routes and modes of transport that connect the different continents of the world, the ports contribute to the facilitation of transport operations, insisting that the project will not affect the level of work on the Suez Canal, the country’s vital main artery. Global trade movement.

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Bin Sulaym said, “Trains are very important and not a new means of transport. There are old railway lines between China and Russia and China and Europe. However, sea transport is the largest proportion of global freight transport because they cannot be distributed. Its cost is much cheaper than other means of transport. , followed by… transportation by trucks, then transportation by trains, then transportation by air, is more expensive. Therefore, an economic corridor between India and Europe will add to and benefit the Middle East traffic movement and in some cases contribute to its speed, especially in case of urgent crises in waterways. By providing means of transport, land emphasizes that “trains, regardless of their size, cannot transport. The same number and size of containers that can pass through waterways.
He emphasized the importance of proliferation and diversification of transport modes for rapid arrival of goods, and the fact that supply chains and logistics around the world are weak and technologically underdeveloped, making it a challenge to increase demand for goods and trade. , we make speed and quality a top priority in our operations to deliver speed and quality to shipping companies, merchants and consumers. And the cost is reasonable, with shipping costs reaching $13,000 per container during the Covid-19 crisis. $2,500 per container based on transportation speed and cost as ports are closed, factories and containers are piling up goods and are out of stock.

Islam al-Husayn / Ahmad Jamal

Rolf Colon
Rolf Colon
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