Maersk Kanoo UAE has signed an agreement with DP World’s logistics hub, Jebel Ali Free Zone (JAFZA), to set up its first warehousing and distribution facility in the UAE.
The new facility will add to A.P. Moller-Maersk’s (Maersk) existing global footprint of over 250 warehouses in 50 countries and brings the company closer to building an integrated solution for its customers wherein the customers will get a single window access to multiple logistic requirements.
“At Maersk, we are committed to connect and simplify our customers’ supply chains,” said Christopher Cook, Managing Director of Maersk UAE.
“And in today’s times, adding flexibility to their supply chains has become more crucial than ever. I am excited that we are taking a solid step in this direction with the announcement of our first W&D facility in the UAE.”
Abdulla Bin Damithan, CEO and Managing Director of DP World – UAE Region and Jafza, added, “We are proud to welcome Maersk, DP World’s longstanding partner in trade, to set up their first warehousing and distribution facility in the UAE in JAFZA. Our incredible infrastructure combined with proximity to different operations and businesses lays the right foundation for a setup that Maersk has envisaged for its growth ambitions in UAE.
“Combined with the strength of Jebel Ali Port, Jafza creates the ideal multimodal trade and logistics hub in the region, connecting businesses to more than 3.5 billion customers. This move is building on the legacy of DP World and Maersk, and we look forward to extending our support through their journey with us.”
Maersk have also reported that it is anticipating an EBITDA of $22 – $23 billion in the remainder of 2021.
Reported on 18 September 2021, the company expected the second half of the year to be “stronger than previously expected”, despite persistent congestion and bottlenecks in supply chains.