Terminal operator DP World buys 47,000 containers

For the first time, terminal operator DP World has acquired 47,000 teu that have been registered and branded to the company. 

“This acquisition provides DP World’s customers seamless access to critical container capacity, ensuring that even during periods of peak demand or unexpected disruptions, they have the ability to keep goods moving,” the company stated in a release. 

There are a number of other DP World subsidiaries such as feederline Unifeeder which have their own containers, but the decision for the ports part of the conglomerate to buy tens of thousands of boxes is a rarity among global terminal operators. 

Ganesh Raj, global chief operating officer of marine services at DP World, explained: “In today’s increasingly complex and competitive commercial environment, supply chains are under growing pressure. This injection of 47,000 teu into the existing ecosystem of DP World-owned assets will help our customers access the capacity they need, safe in the knowledge that their goods will be moved from end to end with a single partner.”