Latest news with #AbdullabinDamithan
Mid East Info
06-05-2025
- Business
- Mid East Info
Seatrade Maritime Logistics Middle East Opens with Industry Call to Action to Keep Trade Moving - Middle East Business News and Information
Dubai, UAE, May, 2025: The doors opened on the 11th Seatrade Maritime Logistics Middle East conference and exhibition today (6th May 2025) and was officially inaugurated by H.E. Eng. Hessa Al Malek, Senior Advisor, Ministry of Energy & Infrastructure; Abdulla bin Damithan, CEO & Managing Director, DP World GCC; Andrew Williams, President, Seatrade Maritime, part of Informa Markets, and senior representatives of the maritime community In a video address to a packed Main Stage, H.E Suhail Mohamed Al Mazrouei, Minister of Energy & Infrastructure, Ministry of Energy & Infrastructure said: 'We aim to position UAE Maritime Week among the world's top maritime events, with all stakeholders' engagement in shaping the future of this industry. The UAE continues to rise as a global logistic hub, guided by visionary leadership and bold strategies. 'In the UAE, we continue to improve the ports' handling capacity, which today handles over 21 million TEUs. The maritime sector contributes nearly 136 billion dirhams, or $37 billion to our GDP, with a target to increase it to 200 billion dirhams, or more than $54 billion in the near future.' Speaking to 2050 net-zero targets, His Excellency added: 'In our view, the world needs to be aligned when it comes to net-zero targets by 2050, and for us in the UAE, we will collaborate with internal and external stakeholders to achieve the UAE Net-Zero target by 2050.' The strategic partner of Seatrade Maritime Logistics Middle East, DP World GCC delivered a hard-hitting keynote to the room from Abdulla bin Damithan, CEO & Managing Director, DP World GCC, who said: 'Resilience, Partnership, Innovation and Sustainability define the future of maritime logistics and that's where the Gulf – and our region more broadly – has a real opportunity to lead. 'Let me start with resilience. More and more global operators are turning to the Gulf for stability. In a sector facing uncertainty, our region has proven to be an anchor point of stability, certainty and security. This is no accident. It's the result of years of coordinated investment in maritime infrastructure. The Middle East has multimodal marine networks that connect over 150 ports worldwide. From the $800 million expansion of the South Container Terminal in Jeddah to advanced automation at Jebel Ali, we are building smart, resilient maritime networks that can adapt to demand. 'The second priority is partnership. The Gemini Cooperation between Hapag-Lloyd and Maersk is one example of how strategic partnerships can keep global trade moving. Together with our shipping line customers, we're coordinating vessel schedules, improving berth planning and enhancing operational efficiencies to ensure reliability. When shippers face instability, this kind of reliability is a necessity. And to scale this reliability, we need collaboration across the entire port network and the entire maritime value chain. 'The third need is innovation. Our industry has always been seen as slow and resistant to change – but I believe this stereotype is changing fast. In the past year, I have seen digitalisation and automation projects jump forward. From AI tools that help choose the best routes and save fuel, to digital twins and predictive analytics, innovation is front and centre. Today, platforms like CARGOES Flow have made our region a leader in anticipating disruption before it happens. This level of automation supports how our ports work together as part of a coordinated system. From gates to cranes to yard equipment, this technology is reducing human error, speeding up operations, and improving vessel call performance. Even upstream, we're seeing the positive impact this can have. 'Which brings me to my final point: sustainability. Maritime shipping accounts for nearly 3% of global emissions. And we can't stand still – even if the odds seem against us. Regulatory frameworks are already shaping how vessels operate and where they berth. We have no choice but to decarbonise – and fast. The good news is that the Gulf is ahead of the curve, because we're using maritime infrastructure to keep change within reach. Port equipment has been electrified across terminals. Investments are being made in shore power so all vessels can plug in at berth – reducing emissions, noise, and fuel burn. And with the UAE now home to the world's first carbon removal deal for a port operator, we're setting the bar for what comes next. He ended with a resounding call to action: 'The global trade landscape is changing. Today the waters are rough, and trade maps are being redrawn. But I am confident that we can navigate it successfully. Let's move together. Let's move smarter. And above all – let's keep trade moving.' The UAE Maritime Week is held under the patronage of the Ministry of Energy & Infrastructure with Seatrade Maritime Logistics Middle East held as the focal exhibition and conference of the week-long activities. More than 7,000 maritime and shipping attendees will converge on Dubai during this period and a record 150+ speakers will share their knowledge at a packed – and free to attend – conference agenda at Dubai World Trade Centre from 6-8 May as part of Seatrade Maritime Logistics Middle East. About Seatrade Maritime: For more than 50 years, Seatrade Maritime has brought the international maritime industry together, building an extensive global community through its news website, themed reports, podcast, global events and marketing solutions. Seatrade Maritime global B2B events offer excellent opportunities to reach new markets quicker and more successfully than any other maritime trade show. Through our events, thousands of shipping professionals establish and grow their business, build networks and learn about the latest industry innovations.
The National
20-03-2025
- Automotive
- The National
DP World's Einride electric freight fleet now running ‘around the clock'
Global ports operator DP World says a much-anticipated project to electrify its Jebel Ali Port is now 'running around the clock', with an electric fleet set to move more than 204,000 shipping containers annually. The endeavour, first announced last year as a partnership with electric freight mobility company Einride, is part of an attempt to decarbonise terminal operations. According to Dubai-based DP world, the electrification of the port will reduce 14,600 tonnes of carbon dioxide equivalent (CO2e) annually compared to diesel operations. Abdulla bin Damithan, chief executive and managing director of DP World, said decarbonisation is a major priority for the company, which operates the world's 10th busiest port. 'We are actively electrifying our operations, integrating AI-powered solutions and working closely with our partners like Einride to support our net-zero goals,' Mr bin Damithan said. 'Jebel Ali is setting the benchmark for the electrification of transport in high-volume trade hubs.' Robert Falck, chief executive of Einride, said the Sweden-based freight mobility company is particularly enthusiastic to be working with the UAE on this project, among others. 'This marks the first of many milestones as we set out to have the largest deployment of electric, autonomous freight mobility in the Middle East,' he said. 'The UAE is uniquely positioned to lead this sustainable transition given its forward-thinking approach to innovation and we are proud to drive this in partnership with DP World.' Founded in 2016, Einride makes driverless electric freight lorries, charging ports and sustainable freight technology. One of its most touted products is the Autonomous Gen 2, a self-driving electric freight vehicle without a cab. According to the company, the decarbonisation programme at DP World will be scaled up to support 1,600 container movements daily, made possible through a fleet of 100 connected electric lorries. Einride Saga, the company's 'intelligent freight operating system', which uses data and artificial intelligence to enhance electric and driverless road freight operations, will also be used to help monitor the fleet of heavy-duty electric vehicles and charging infrastructure. In 2023, Einride signed a preliminary agreement with the UAE's Ministry of Energy and Infrastructure to establish a 550km freight 'Falcon Rise' mobility grid, with the eventual aim of enabling the use of electric and autonomous vehicles. The Falcon Rise grid will implement Einride's 'full freight mobility offering' across Abu Dhabi, Dubai and Sharjah, covering 2,000 electric lorries, 200 autonomous lorries and eight charging stations with more than 500 charging points, the company said last year. The value of the global autonomous vehicle market is forecast to reach about $2.3 trillion by 2032, from about $121.78 billion in 2022, according to data from Precedence Research.
Hi Dubai
03-03-2025
- Automotive
- Hi Dubai
DP World Sets New Record with 1.3 Million Vehicles Handled in Dubai Terminals
DP World achieved a groundbreaking milestone in 2024, processing a record 1.3 million vehicles across its Dubai terminals, marking a 53.6% increase from the previous year and the highest in the company's history. The majority of this volume was handled at Jebel Ali Port, which processed nearly 960,000 units, further solidifying its position as the region's leading automotive hub. The remaining vehicles were managed at Mina Al Hamriya and Mina Rashid. The remarkable growth highlights the rising demand for vehicle imports and exports in the Gulf region, with China emerging as the top trading partner, contributing almost 25% of the total volume. Japan, Korea, and India followed as key contributors. With the automotive landscape shifting towards electric vehicles (EVs), driven by projections of EVs surpassing internal combustion engine vehicles by 2036, DP World is positioning itself as a critical player in supporting sustainable mobility. China's dominance in EV manufacturing is reshaping global supply chains, creating new opportunities for Dubai as a strategic logistics hub. Abdulla bin Damithan, CEO and Managing Director of DP World GCC, emphasized Dubai's growing role as a global automotive hub. 'The automotive industry is a powerful catalyst for economic growth – creating employment, attracting foreign investment, and stimulating local businesses.' He reiterated DP World's commitment to developing state-of-the-art infrastructure to meet the rising demand. DP World's integrated logistics facilities, including Jebel Ali Port and Jafza free trade zone – home to over 930 automotive and spare parts companies – play a vital role in supporting the global automotive supply chain. This vision aligns with Dubai's D33 Economic Agenda, which aims to double the city's economy by 2033, reinforcing DP World's pivotal role in driving economic growth and innovation in the region. News Source: Emirates News Agency
Arabian Business
01-03-2025
- Automotive
- Arabian Business
Dubai automotive hub booming as DP World transported record 1.3m vehicles in 2024
DP World achieved a new milestone in 2024, handling a record 1.3m vehicles across its terminals in Dubai. This marks a 53.6 per cent increase from the previous year and is the highest in the company's history. DP World's flagship, Jebel Ali Port, accounted for the majority of this volume, handling nearly 960,000 units, reinforcing its position as the region's premier automotive hub. DP World Dubai automotive hub The remainder were handled at Mina Al Hamriya and Mina Rashid. This record-breaking performance underscores the strong growth in the automotive industry and DP World's pivotal role in facilitating vehicle imports and exports in the Gulf region. China emerged as the top trading partner, contributing nearly 25 per cent of vehicle volumes, followed by Japan, Korea and India. The global automotive landscape is undergoing a major transformation, with electric vehicles (EVs) projected to surpass traditional internal combustion engine vehicles by 2036. Given that China manufactures more than half of the world's EVs, the global supply chain is evolving to support this new shift towards sustainable mobility. Abdulla bin Damithan, CEO and Managing Director of DP World GCC, said: 'Dubai's emergence as a global automotive hub offers immense potential for markets in Asia and Europe, with positive ripple effects on our local economy. 'The automotive industry is a powerful catalyst for economic growth – creating employment, attracting foreign investment and stimulating local businesses.' He reaffirmed DP World's commitment to developing the necessary infrastructure to support this growth. Bin Damithan added: 'Our state-of-the-art logistics hubs like Jebel Ali Port and free trade zones like Jafza, home to more than 930 automotive and spare parts companies, are integral to our global automotive supply chains strategy'. This vision aligns with global projections for passenger vehicle sales, which are expected to grow from 94.7m in 2024 to 109m by 2030. Jebel Ali Port's capacity of one million car equivalent units, the development of the world's largest and most advanced car market, spanning 20 million square feet, and the expansion of Mina Al Hamriya underscore DP World's commitment to meeting growing demand and supporting Dubai's D33 Economic Agenda of doubling the size of the economy.
Dubai Eye
28-02-2025
- Automotive
- Dubai Eye
DP World sets UAE automotive record in 2024
DP World achieved a new milestone in 2024, handling a record 1.3 million vehicles across its terminals in Dubai. It marks a 53.6 per cent increase from the previous year and is the highest in the company's history. DP World's flagship, Jebel Ali Port, accounted for the majority of this volume, handling nearly 960,000 units, reinforcing its position as the region's premier automotive hub. The remainder were handled at Mina Al Hamriya and Mina Rashid. This record-breaking performance underscores the strong growth in the automotive industry and DP World's pivotal role in facilitating vehicle imports and exports in the Gulf region. China emerged as the top trading partner, contributing nearly 25 per cent of vehicle volumes, followed by Japan, Korea and India. The global automotive landscape is undergoing a major transformation, with electric vehicles (EVs) projected to surpass traditional internal combustion engine vehicles by 2036. Given that China manufactures more than half of the world's EVs, the global supply chain is evolving to support this new shift towards sustainable mobility. Abdulla bin Damithan, CEO and Managing Director of DP World GCC, said, "Dubai's emergence as a global automotive hub offers immense potential for markets in Asia and Europe, with positive ripple effects on our local economy. The automotive industry is a powerful catalyst for economic growth – creating employment, attracting foreign investment and stimulating local businesses." He reaffirmed DP World's commitment to developing the necessary infrastructure to support this growth. "Our state-of-the-art logistics hubs like Jebel Ali Port and free trade zones like Jafza – home to more than 930 automotive and spare parts companies – are integral to our global automotive supply chains strategy," bin Damithan added. This vision aligns with global projections for passenger vehicle sales, which are expected to grow from 94.7 million in 2024 to 109 million by 2030. Jebel Ali Port's capacity of one million car equivalent units, the development of the world's largest and most advanced car market, spanning 20 million square feet, and the expansion of Mina Al Hamriya underscore DP World's commitment to meeting growing demand and supporting Dubai's D33 Economic Agenda of doubling the size of the economy.
