GLOBAL SUPPLY CHAIN MARCH 2022 ISSUE

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DP World partners with Maersk Mc-Kinney Moller Centre for Zero Carbon Shipping

DP World reports strong volume growth of 9.4% in 2021 n DP World Limited handled 77.9mn TEU (twenty-foot equivalent units) across its global portfolio of container terminals in full year 2021, with gross container volumes increasing by 9.4% year-on-year on a reported basis and up 8.9% on a likefor-like basis. On a Q4-2021 basis, DP World handled 19.6mn TEU, up 2.6% year-on-year on a reported basis and up 2.3% on a like-for-like basis. 2021 gross volume growth was broad based with India, Asia Pacific, Middle East & Africa, Europe, Australia and Americas regions being the key growth drivers. At an asset level, Qingdao (China), Mumbai, Mundra, Chennai (India), Sokhna (Egypt), London Gateway (UK), Caucedo (Dominican Republic), Callao (Peru), and

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Sydney (Australia) delivered a strong performance. Jebel Ali (UAE) handled 13.7mn TEU in 2021, up 1.9% year-on-year. At a consolidated level, DP World terminals handled 45.4mn TEU during 2021, increasing 8.8% on a reported basis and 8.1% year-on-year on a like-forlike basis. “We are delighted to report another strong volume performance with growth of 9.4% for the year, which is once again ahead of industry growth of 6.5%. This outperformance is due to our continued investment in high quality assets in the right locations and the delivery of our strategy to offer integrated supply chain solutions to beneficial cargo owners,” remarked Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World.

n DP World reinforced its commitment to being a world leader in sustainability by entering a strategic partnership with Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping (the Centre). Launched in 2020 as an independent, not-forprofit organisation, the Centre is undertaking intensive research and development to find practical ways to decarbonize the maritime industry through several global initiatives. As a partner, DP World is committing to longterm strategic collaboration and contribution to the development of zero carbon technologies and solutions for the maritime industry. DP World will make several of its specialists available to the Centre in Copenhagen to provide insights to end to end supply chains and help demonstrate and test novel solutions across the value chain in a live setting. “Their proactive response to addressing climate change and strong sustainability focus is very aligned with our mission and we look very much forward to having DP World onboard,” remarked Bo CerupSimonsen, CEO, Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping. “DP World is excited to be working alongside other leading organisations committed to a collaborative approach to solving the challenges of achieving zerocarbon economies,” noted Sultan Ahmed bin Sulayem, Group Chairman and CEO, DP World.


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