DP World expands rail capacity between London Gateway and Southampton
NewsDP World is enhancing rail capacity between London Gateway and Southampton with a second weekly service starting October 1, operated by Freightliner.
DP World is planning to develop industrial parks and expand the Port of Maputo.
DP World has set sights on further investments in Mozambique, which targeted at developing industrial parks across the country, expanding the Port of Maputo and improve the country’s logistics infrastructure.
DP World is a longstanding operator at the Port of Maputo and it has recently extended its concession for the port by 25 years through to 2058. The company is investing US$600 million in the expansion of the port’s infrastructure, to increase its cargo handling capacity from 170,000 TEU to 530,000 TEU per year by 2027.
DP World Group Chairman and CEO Sultan Ahmed bin Sulayem met with Mozambican President, H.E Filipe Nyusi at the United Nations General Assembly (UNGA) in New York earlier this week to discuss investment opportunities.
“We’ve been in Mozambique for more than 20 years, and the country is now a critical hub for regional trade,” said Sultan Ahmed bin Sulayem. “We are excited about the opportunities that lie ahead in Mozambique and broader Southern Africa. Our investments will add significant value to the trade sector, helping to enhance Mozambique’s role as a gateway for cargo movement throughout the region.”
Strategically located to serve Southern Africa, the port of Maputo features a 400m quay with a 12m draft. The terminal has an annual capacity of 255,000TEU, supported a fleet of 1,750 vehicles and three mobile harbour cranes. DP World is set to expand the Maputo container terminal with a 650-meter quay featuring a draft of 16.5 meters. The expansion will increase the terminal’s capacity to 600,000 TEU annually and will include the addition of three new post-Panamax STS cranes and three mobile harbour cranes to enhance operational efficiency.
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