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DP World Boosts Asia Pacific Trade with Network Expansion

Photo: DubaiMediaOffice

DP World Supercharges Asia Pacific Trade with Network Expansion

  • Expansion Highlights: DP World has expanded its presence in the Asia Pacific region with the opening of 51 new offices, delivering a full range of logistics services in addition to the 20 ports and terminals it operates in the region. This brings the number of DP World’s active trading offices globally to 161.

DP World has inaugurated 51 new freight forwarding offices across Asia Pacific (APAC), solidifying its position as an end-to-end supply chain solutions provider. This expansion helps businesses navigate the complexities of the world's fastest-growing logistics market, bringing DP World’s active trading offices globally to 161.

The expanded network, focused on air and ocean freight, is supported by DP World's extensive infrastructure, including ports, terminals, warehouses, trucks, rail, and vessels, enabling businesses to streamline their supply chains.

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Glen Hilton, CEO & Managing Director, Asia Pacific, DP World, stated: “Global trade is experiencing unprecedented flux due to growing geopolitical and economic uncertainty. We have the opportunity to help businesses navigate increasingly complex supply chains, providing enhanced market access and streamlined, resilient logistics from factory floor to customer door. With our expanded regional freight forwarding network, backed by decades of experience in managing ports and terminals, our customers can rely on us to support their growth ambitions.”

In addition to managing trade through its ports and terminals, DP World now offers a more comprehensive suite of logistics services, providing greater flexibility to meet the unique needs of customers across various sectors. In cities where DP World already operates a port or terminal, this expanded presence allows customers to benefit from a seamless flow of goods.

The full range of logistics services includes order and origin management, port handling, and freight management for ocean and air, as well as destination services such as customs clearance and bonded warehousing. The company also offers various value-added services, including embedded trade finance, commodity-specific services, cars in containers, transloading, advanced hubs, and more.

These services are accessible through a single digital window, backed by an integrated Global Services Centre manned by over 500 IT specialists. This advanced digital system allows customers to track their goods in real time and manage their cargo journey easily.

Expanded Footprint Capitalizes on Strong Growth Prospects in APAC

APAC presents a significant opportunity for businesses, and DP World is poised to help them achieve their ambitions as an end-to-end supply chain solutions provider. The region is the largest and fastest-growing for outsourced logistics, projected to account for 40% of global revenues for contract logistics services by 2027. This year, APAC is also the fastest-growing region in terms of both exports and imports, with over 5% growth each.

Beyond expanding its APAC freight forwarding network, DP World has been strengthening its logistics capabilities in the region, including:

  • Busan Logistics Centre: A US$50 million investment to develop DP World Busan Logistics Centre in Busan New Port, offering comprehensive value-added logistics services and processing nearly 80,000 TEUs per year by 2028.
  • Savan Logistics Acquisition: Acquiring Savan Logistics, operator of Savannakhet dry port in Laos’ first special economic zone, located at the heart of the East-West Economic Corridor linking markets across Indochina.
  • Sydney Rail Service: Introducing a daily rail service connecting Sydney’s Port Botany to Yennora Intermodal Terminal, providing cargo owners in New South Wales with a viable alternative to trucking, enhancing connectivity, reducing transit times, and creating cost efficiencies.
July 27, 2024 12:50 p.m. 368

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