DP World upgrades South American port facilities

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DP World has announced major improvements in its port facilities in Peru and Ecuador to increase capacity and operational efficiency.

The developments come amid an increasingly complicated global supply chain landscape, with executives looking for methods to reduce risks and boost resilience.

Peru and Ecuador, located on South America’s West Coast, are critical to DP World’s worldwide strategy since they serve as important international commerce gateways.

Carlos Merino, CEO of DP World in Peru and Ecuador, said: “DP World remains committed to creating resilient and efficient logistics solutions. Peru and Ecuador’s strategic locations provide reliable connections from the west coast of South America to major global markets.”

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The firm is due to celebrate two key milestones in the coming months: the completion of the Bicentennial Pier extension project at its operations in the Port of Callao in Peru, and the start of a berth expansion project at the Port of Posorja in Ecuador.

In Peru, the Bicentennial Pier extension at DP World Callao will expand terminal capacity by 80 per cent, converting it into a leading logistics centre on South America’s west coast.

The $400 million project expands the pier to 1,050 metres, allowing it to accommodate up to three vessels at once and boosting yearly capacity to 2.7 million TEU.

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The $140 million extension intends to increase the port’s berth capacity to 700 metres and incorporate innovative port technology to assure Posorja’s continued competitiveness, security, and sustainability.

Merino added: “DP World’s investments in Latin America encompass private capital infusion, job creation, and social and environmental initiatives. These investments align with global market trends where clients demand efficient, safe, and sustainable ports and logistics solutions.”

In April, DP World partnered with Brazilian railway operator, Rumo, to create a new terminal at the Port of Santos that would handle 12.5 million tonnes of grains and fertilisers per year.

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Source link : https://www.porttechnology.org/news/dp-world-upgrades-south-american-port-facilities/ Author : Publish date : 2024-06-10 08:06:02 Copyright for syndicated content belongs to the linked Source .