According to Al Bayan newspaper, this project will be the second partnership for DP World with the shareholders of TIS container terminal, and the first partnership was very successful with P&O Maritime Ukraine By providing towing services at major seaports on the Black Sea in Ukraine.
The global strategy for DP World is to become a trade enabled and provider of solutions as it looks for wider participation in the supply chain.
DP World has invested heavily in port work, logistics and marine services, and aims to enhance direct communication with customers to provide innovative logistical solutions and eliminate shortcomings in the supply chain. And accelerate the growth of commercial traffic.
DP World comprises 123 business units in 54 countries and provides integrated services across the global supply chain.
The acquisition is expected to expand the operations of DP World, in addition to strengthening the position of TIS as one of the most important main container terminals in Ukraine, from Through taking advantage of the DP World network that includes ports, economic zones, warehousing solutions and land logistics solutions.
This acquisition will also contribute to increasing the flexibility of trade in Ukraine during difficult economic times, and will give DP World the ability to provide a unique product to the Black Sea by connecting its container terminals in The Constanta and Yarimka ports at the TIS container terminal via its Unifield coastal short-range shipping network.
The group of solutions for merchandise owners, which are supported by DP World technologies to get rid of shortcomings in the supply chain, provide the ability to strategically transport their shipments via key trade lines serving markets. Eastern Europe is strengthening the existing DP World portfolio in Romania and Turkey.
The growth rate of the container market in Ukraine reached more than 20% in 2019, which enhances the attractiveness of the market, as the TIS container terminal enjoys a great location for maritime and land connection , Including rail services, making it the ideal facility for DP World in Ukraine.
This comes after DP World's acquisition of SeaRates.com, a digital platform that enables ...
