DP World collaborates with digital container logistics platform
The collaboration between DP World and TradeLens will help accelerate the digitisation of global supply chains
DP World has completed the early stages of integration with TradeLens, a blockchain-based digital container logistics platform.
The collaboration between DP World and the TradeLens platform will help accelerate the digitisation of global supply chains. DP World aims to connect all its 82 marine and inland container terminals, as well as feeder companies and logistics divisions with TradeLens.
In 2019, DP World’s terminals handled 71.2 million TEU (twenty-foot equivalent units) containers from around 70,000 vessels.
For DP World, the data from its integration with TradeLens will improve operational efficiency with earlier visibility of container flows across multiple carriers.
It will also expand the capabilities of DP World’s digital platforms created to move online the management of logistics.
Speaking about the partnership, chief executive officer of DP World, Sultan Ahmed Bin Sulayem, said: "Our decision to team up with TradeLens is driven by our vision for intelligent logistics, reducing costs and creating value. DP World is working to deliver integrated supply chain solutions to cargo owners, backed by our global network of ports, terminals, economic zones and inland operations. Modernising the processes by which logistics operate is critical to building more robust and more efficient supply chains which will help economic development and generate more prosperity.”