DP World has signed a cooperation agreement with the Caspian Containers Company SA (CCCSA) to help digitise trade across the Greater Caspian Region and parts of Africa.
The partnership will look to use innovative technology to enable the seamless booking and tracking of shipments.
Through the implementation of DP World’s SeaRates, cargo owners will be able to compare quotes from multiple providers and make informed decisions on the optimal route for its shipments.
SeaRates is a digital platform that allows the process of identifying and booking cargo routes to take place in seconds.
The SeaRates platform is expected to enable CCCSA’s customers to monitor the status and movement details of a container at any point during its journey, allowing full visibility as well as the efficient movement of items from A to B.
The lack of standardisation in many Greater Caspian and African countries when it comes to transportation and logistics has made it difficult for customers to compare prices and services from different providers.
This partnership will thus further strengthen ties in the two growing markets of the Greater Caspian Region and Africa.
The particular focus will seek to attract customers for project cargo shipments in Turkmenistan, Uzbekistan, Tajikistan, Kyrgyzstan and Afghanistan, as well as Mozambique, Democratic Republic of Congo, Nigeria, South Africa, Morocco, Tunisia, Ghana and Kenya in Africa.
Mike Bhaskaran, Group Chief Technology Officer, Digital Technology, DP World, commented: “There is a great opportunity to enable further development of the Greater Caspian Region and Africa’s trade routes to unlock more economic benefits.
“The digitising of the supply chain will help us do this, with innovative technology such as SeaRates enabling cargo owners to find the most efficient routes to transport their goods via an online platform,” Bhaskaran added.
This partnership comes in the same month that Drydocks World, a subsidiary of DP World, and Aker Solutions partnered to upgrade a floating production storage and offloading (FPSO) vessel.