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DP World Hails Latin America Success

Callo Port
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DP World, one of the largest terminal operators in the world, has hailed the result of its operations in Peru, which has seen it grow from a Greenfield terminal into a fully integrated maritime and logistics hub for South America.

In a statement, DP World has said that since the building of the Port of Callao in 2017, it has continually increased investment in Peru.

This includes the acquisition of Cosmos Agencia Maritima S.A.C (CAM), which offers maritime services throughout the country.

Callao Port. Credit: DP World

It has also seen the purchase of Neptunia S.A and Triton Transport S.A., which runs logistics hibs, warehouses, bonded storage and trucking.

The integrated platform of supply chain services supports customers doing business in Peru and beyond.

Consequently, DP World has become the undisputed gateway for Peru’s import and export container traffic, as well as a chief point for regional transhipments.

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The integration has enabled DP World to turn the country into a trade hub for the Latin America region. In the first half of 2019, it handled 35.8 million TEU, with gross container volumes increasing 0.5% year-on-year on a reported basis and 0.5% on a like-for-like basis.

DP World has become a major player in the Americas with a network of terminals in Peru, Argentina, Ecuador, Chile, Brazil, the Dominican Republic, Suriname and Canada.

“Our operations in Peru show in action DP World’s strategy of enabling smarter global trade,” said Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World. “We run ports, logistics hubs, trucking companies and maritime services providing our customers in Peru with seamless services at every stage of the supply chain.”

“Peru is an optimum illustration of how we are applying around the world the know-how learned at Jebel Ali Port and JAFZA in Dubai. It is a benchmark of what we aim to achieve bringing greater prosperity to the countries in which we work, and to the UAE.”

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