Latest news with #post-Panamax
Hi Dubai
20-05-2025
- Business
- Hi Dubai
DP World Invests $2.5 Billion to Expand Global Logistics Network Across Four Continents
DP World is investing $2.5 billion in 2025 to expand its global logistics network, launching major infrastructure projects across India, Africa, South America, and Europe in a bid to meet surging demand for more resilient and integrated supply chain solutions. The Dubai-based logistics giant is rolling out four large-scale developments that will significantly boost capacity and enhance connectivity across its ports and logistics infrastructure. The move strengthens DP World's role as a key enabler of global trade, despite ongoing uncertainty in the global economy. Chairman and Group CEO Sultan Ahmed bin Sulayem said the investment reflects confidence in the long-term growth of global trade. 'We are building a unique array of assets and capabilities that help customers stay competitive, support local economies, and enable global access,' he said. In India, construction has begun on a $510 million terminal at Tuna Tekra in Gujarat, which will handle 2.19 million TEU annually and connect India's interior to international markets through road and rail. In Africa, DP World is developing two major ports: a 450,000 TEU deep-sea terminal in the Democratic Republic of Congo and a 1.2 million TEU port in Ndayane, Senegal, backed by an initial $830 million investment. In South America, a $140 million expansion at Ecuador's Port of Posorja will allow two post-Panamax vessels to dock simultaneously. In Europe, the company is injecting $1 billion into the London Gateway logistics hub, adding new berths, a second rail terminal, and 400 new jobs. The project supports the UK's ambitions as a leading trade gateway. The expansion aligns with DP World's strategy to offer end-to-end logistics services, backed by a growing global network of over 240 freight forwarding offices. News Source: Emirates News Agency
Zawya
05-05-2025
- Business
- Zawya
South Africa: DP World invests $165mln to transform Maputo port
DP World has commenced a $165mexpansion of its container terminal at the Port of Maputo. This strategic project will double the terminal's capacity and reinforce its role as a trade and logistics hub for Southern Africa. The development will also enable the port to accommodate post-Panamax vessels up to 366 meters in length, bolstering regional trade infrastructure and supporting Mozambique's economic growth. Mohammed Akoojee, CEO and managing director for Sub-Saharan Africa at DP World, says: "The container terminal expansion signifies our intent to strengthen Mozambique's economic growth, together with the Government of Mozambique and our partners in the Maputo Port Development Company." "The port of Maputo is at the heart of transforming trade on the African continent, as it has the potential to connect the land-locked countries of Southern Africa to the rest of the world. This investment reinforces Mozambique's role as a key cargo gateway, improves its global competitiveness and positions the country as a dynamic business hub. "By working hand-in-hand with our partners, we are committed to developing innovative end-to-end logistics solutions that reinvent trade on the South-Eastern coast of Africa." Strengthening Mozambique's trade position The port will be equipped with the latest technology and world-class infrastructure to boost operational capacity and efficiency. The terminal yard and quay will undergo a complete revamp and modernisation. Yard capacity will increase by 6.48 hectares, doubling throughput from 255,000 TEUs to 530,000 TEUs, while the total quay length will be extended to 650 meters and the berth deepened to 16 meters. To manage larger container volumes and a diverse range of commodities, new equipment will be introduced, including three ship-to-shore (STS) cranes capable of handling post-Panamax ships and an expanded fleet of rubber-tyred gantry (RTG) cranes, complementing the existing mobile harbour crane (MHC) fleet. Reefer container capacity will increase to over 700 plugs, supporting the growth of agricultural exports. Captain Sumeet Bhardwaj, CEO of DP World Maputo, says: "The container terminal's increased capacity will lead to faster, cost-effective carrier turnarounds and more competitive freight rates that will attract more vessels to the Port of Maputo. The project will unlock economic opportunity across borders and create new possibilities for local industries. "For farmers, manufacturers and exporters across Mozambique and beyond, their goods will reach new global markets quicker and cheaper, empowering communities, enhancing livelihoods and driving inclusive economic growth." Technology upgrades for seamless operations Considerable technological enhancements will usher in a new era of fully automated and predictable operations, including the automation of gate facilities using optical character recognition technology, which will streamline container number, condition and client identification processes, thereby cutting transaction times and minimising liabilities. In addition, the terminal operation system (TOS) will be enhanced, a robust vehicle booking system (VBS) will be implemented, and the port's client community system (CCS) will be digitised for better connectivity with shipping lines, customs, and banks. The project also prioritises the welfare of the workforce with new facilities to accommodate additional personnel, ensuring their wellbeing and the availability of a skilled labour force. Enhanced security measures, including broader live monitoring and advanced CCTV technologies, are set to improve operational safety. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
Arabian Business
02-05-2025
- Business
- Arabian Business
DP World breaks ground in $165mn expansion of the Port of Maputo
DP World has started work on the US$165 million expansion of its container terminal at the Port of Maputo in Mozambique. The expansion of the container terminal is part of a long-term strategy to meet global trade demands, create thousands of new jobs and contribute to Mozambique's economic growth. The project will significantly enhance the port's capabilities and position Maputo as a trade and logistics hub for Southern Africa by opening a gateway for larger container ships. DP World boosts trade The terminal yard and quay will undergo a complete revamp and modernisation. Yard capacity will increase by 6.48 hectares, doubling throughput from 255,000 TEUs to 530,000 TEUs, while the total quay length will be extended to 650 meters and the berth deepened to 16 meters. It will also be equipped with the latest technology and world-class infrastructure to boost operational capacity and efficiency. The presence of João Jorge Matlomb, Minister of Transport and Logistics, as the guest of honour at the ground-breaking event underlined the importance of this major investment by DP World for Mozambique. Mohammed Akoojee, CEO & Managing Director for Sub-Saharan Africa at DP World, said: 'The container terminal expansion signifies our intent to strengthen Mozambique's economic growth, together with the Government of Mozambique and the Maputo Port Development Company (MPDC).' 'The port of Maputo is at the heart of transforming trade on the African continent, as it has the potential to connect the land-locked countries of Southern Africa to the rest of the world. This investment reinforces Mozambique's role as a key cargo gateway, improves its global competitiveness and positions the country as a dynamic business hub. 'By working hand-in-hand with our partners, we are committed to developing innovative end-to-end logistics solutions that reinvent trade on the South-Eastern coast of Africa.' To manage larger container volumes and a diverse range of commodities, new equipment will be introduced, including three ship-to-shore (STS) cranes capable of handling post-Panamax ships and an expanded fleet of rubber-tyred gantry (RTG) cranes, complementing the existing mobile harbour crane (MHC) fleet. Reefer container capacity will increase to over 700 plugs, supporting the growth of agricultural exports. Technological enhancements will include automating gate facilities using optical character recognition technology. This will streamline container number, condition, and client identification processes, thereby cutting transaction times and minimising liabilities. The terminal operation system (TOS) will be enhanced, a vehicle booking system (VBS) will be implemented, and the port's client community system (CCS) will be digitised for better connectivity with shipping lines, customs and banks. Captain Sumeet Bhardwaj, CEO of DP World Maputo, added: 'The container terminal's increased capacity will lead to faster, cost-effective carrier turnarounds and more competitive freight rates that will attract more vessels to the Port of Maputo. 'The project will unlock economic opportunity across borders and create new possibilities for local industries. For farmers, manufacturers and exporters across Mozambique and beyond, their goods will reach new global markets quicker and cheaper, empowering communities, enhancing livelihoods and driving inclusive economic growth.' The project also caters for welfare of the workforce by building new facilities to accommodate additional personnel. Enhanced security measures, including broader live monitoring and advanced CCTV technologies, are also being implemented to improve operational safety.
Iraqi News
15-02-2025
- Business
- Iraqi News
Basra Gateway Terminal expands capacity with new mobile harbor crane
Basra ( – The Port of Umm Qasr's Basra Gateway Container Terminal (BGT), operated by International Container Terminal Services, Inc. (ICTSI), has received a new Konecranes Gottwald ESP.8 mobile harbor crane. With a 54-meter boom and a 125-ton lifting capacity, the crane can handle vessels up to the post-Panamax class, significantly enhancing BGT's operational capabilities. This investment reflects BGT's commitment to modernizing Iraq's busiest port and providing reliable, sustainable services to its clients. The addition of this advanced crane is expected to improve cargo handling efficiency and support the terminal's growing role in regional trade.
Iraq Business
15-02-2025
- Business
- Iraq Business
Basra Gateway Terminal gets New Crane
By John Lee. The Basra Gateway Terminal (BGT) at Umm Qasr has commissioned a new Gottwald ESP.8 mobile harbour crane from Finnish company Konecranes. With a 125-ton lifting capacity and a 54-meter boom, the crane can serve vessels up to post-Panamax class, according to a statement from International Container Terminal Services, Inc (ICTSI). Photo shows unloading of the new crane. (Source: ICTSI)
