DP World embraces circular economy
NewsIn an era of increasing environmental scrutiny, terminal operators are stepping up their efforts to reduce carbon emissions and promote greener practices.
DP World has inaugurated a new rail service at Stockland’s Yennora Intermodal Terminal, enhancing connectivity with Port Botany.
Dubai-based ports and logistics powerhouse DP World has launched a new rail service at Stockland’s Yennora Intermodal Terminal, one of the Southern Hemisphere’s largest distribution centres, and among six intermodal terminals servicing the greater Sydney area.
The centre operates as an intermodal terminal with rail sidings connected to Main Southern Rail Line providing direct connectivity to Port Botany and DP World’s Sydney Terminal and container park facility. It has more than 300,000 sqm of warehouse space and over 70,000 sqm allocated for container hardstands.
DP World held a ribbon-cutting ceremony at the terminal on May 20, announcing that the Yennora Intermodal Terminal will offer two direct rail services to and from Port Botany per day on a dedicated DP World-owned and operated rail line. The daily port-rail service is expected to manage an annual rail capacity of 160,000 TEU to achieve higher efficiencies. In addition, it is also expected to reduce up to 160 truck trips per day, lowering overall emissions.
“We are establishing our own assets and building infrastructure where it’s needed to create seamless connections and provide increased control and flexibility,” Nicolaj Noes, Executive Vice President, Oceania, DP World, said.
“Our partnership with Stockland and expanded presence at the Yennora Intermodal Terminal means that we can offer services that suit the growing needs of our customers, and they can better rely on us to ensure their goods are delivered in a timely manner.”
“The terminal’s direct connection to ports, roads, and rail improves the logistics that businesses need in serving their customers,” Tarun Gupta, Managing Director and CEO, Stockland said.
“Its scale also enables DP World and its customers to take advantage of the growing economic opportunities in the region.”
In August 2023, DP World entered a strategic partnership with Stockland to operate a warehousing facility and dedicated port-rail service.
DP World attributed the move to establishing a contract logistics hub and offering efficient supply chain solutions to existing tenants while attracting new importers and exporters.
“Today, DP World manages about 125,000 square metres of warehousing space at Yennora, and alongside this rail service, is well-positioned to offer a fully integrated supply chain service for customers,” the company said.
Furthermore, DP World’s expansion at Yennora aligns with its global strategy to transform into a customer-focused, end-to-end supply chain solutions provider.
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