• Home
  • News
  • DP World to invest up to $3 billion to create world-leading integrated logistics infrastructure for India
  • 2022 October 19 11:06

    DP World to invest up to $3 billion to create world-leading integrated logistics infrastructure for India

    DP World recently hosted “The India-UAE Bridge; Dubai – India’s Gateway to the World” along with the Confederation of Indian Industry (CII) for key business leaders in Mumbai to showcase the role of Jebel Ali Port and Free Zone in boosting non-oil trade between the UAE and India to $100 billion over the next five years, complementing the Comprehensive Economic Partnership Agreement (CEPA), according to the company's release.

    Trade between the two nations has existed for decades and continues to deepen with the signing of the UAE-India Comprehensive Economic Partnership Agreement (CEPA) in February 2022. The CEPA, which officially came into force on 1 May 2022, includes eliminating tariffs on more than 10,000 products and services over the next 10 years, which will have an enormous impact on trade between the two countries and the wider Gulf region.

    Despite macroeconomic and geopolitical headwinds across the globe, India and the UAE have seen an increase in trade, with DP World as a key logistics enabler. As per the Indian Ministry of Commerce and Industry, India’s non-oil trade with the UAE witnessed a 14% increase during the July-August 2022 period, just months after the CEPA came into force.

    DP World is also supporting the ‘Make in India initiative’ and ‘Production Linked Incentive’ schemes to boost manufacturing, investments, and exports in India via its Jebel Ali hub, offering unmatched logistics and trade solutions and greater access to new markets.

    In 2021, Dubai accounted for 86% ($38.4 billion) of the total $44.8 billion worth of total non-oil trade between the UAE and India. Indian companies at Jafza are the second largest partners in terms of trade volume (4.4 million metric tonnes) and fourth for trade value ($6.5 billion).

    The Jebel Ali Port and Jebel Ali Free Zone (Jafza), which form a world-class, integrated ecosystem for over 9,000 companies from around the world, serve more than 3.5 billion people globally by connecting directly to 150 ports and more than 180 shipping lanes.

    Through its joint investment platform with India’s National Investment and Infrastructure Fund (NIIF), DP World will invest up to $3 billion to create world-leading integrated logistics infrastructure for India.

    DP World’s portfolio of multimodal logistics assets and services includes five port terminals with a total annual capacity of 6 million TEUs, as well as five container freight stations. It also operates 31 container trains, seven rail-linked private freight terminals, Cold Chain facilities and a fleet of 60 trucks.

    DP World is currently developing three free-trade zones, more than 20 built-to-suit warehouses and 100+ hubs for express cargo. Its feeder service, Unifeeder is the largest coastal shipping player in India with more than 70% market share of coastal traffic.

    Alongside physical infrastructure, customers and exporters can use DP World’s single-window digital platform CARGOES.com to book freight seamlessly, receive instant quotes online and choose preferred modes of transport.

    Indian manufacturers can reach buyers from UAE, the Middle East and Africa through Bharat Bazaar, a world-class traders’ market linked to Jebel Ali Free Zone where they can store, showcase, and sell their products. With a full array of solutions on offer like storage, handling, packaging and logistics, Indian manufacturers have the flexibility to sell locally in Dubai or to export to other countries.




2023 February 9

14:31 Transportation of containers on Russian Railways’ network in January 2023 rose by 4.8% to 571.5 thousand TEU
14:09 MABUX: Bunker Weekly Outlook, Week 06, 2023
13:43 ABS appoints Patrick Ryan as Chief Technology Officer
13:22 Liberian Registry awards AiP to Anemoi’s Rotor Sail systems
12:40 USDOT announces more than $660 mln available through the Port Infrastructure Development Program
12:33 Far East ports not able to handle agreed volumes of petroleum products — Russian Railways
12:12 DP World increases UK volumes by 5% in 2022
11:30 NYK offers support to victims of earthquake in southeastern Turkey
11:01 Aker Solutions revenue up by 15 percent in 2022
10:59 Head of strategy at Port of Barcelona, appointed new secretary general at MEDPorts
10:43 Additional dredging may be required to organize shipping in eastern part of Northern Sea Route
10:35 Singapore and Vietnam Maritime Authorities strengthen ties under MoU on maritime and port cooperation
09:35 The Swedish Transport Agency temporarily suspends ship traffic in Norra Kvarken due to ice conditions in the area
09:22 Introduction of ice restrictions in the ports of Vysotsk and Vyborg postponed till February 22

2023 February 8

18:27 Coin ceremony for cruise ship Explora II takes place at the Fincantieri shipyard in Sestri Ponente
18:01 Stena Drilling announces contract extension with bp for Stena IceMAX
17:44 Wartsila and Carnival Corporation partner in sustainability pilot project to reduce plastic waste
17:24 TGE Marine to supply the cargo handling and fuel gas system for 3x 7,600 cbm LNG bunkering vessels for Seaspan ULC
17:23 Port stations at North Caucasus Railways set new unloading record in January 2023
16:31 Panama ports volume down 1.2% in 2022 - Seatrade
16:27 APM Terminals sold 30.75% minority stake in Global Ports Investments for USD 135 million
16:05 MPA of Singapore discontinues the port dues concession for floating storage units supporting LNG bunkering and breakbulk activities
15:42 Aker Solutions signs Draugen electrification contract
15:38 Alliance enters Russia’s dredging market in 2023
15:14 Global shipbuilding orders added up to 1.96 million CGT in January 2023
14:55 Kamchatka PDA resident put into operation new transport and logistics center of over 1,000 square kilometers
14:55 Mawani and eXtra sign an agreement for a logistics center at King Abdulaziz Port
14:21 TotalEnergies Marine Fuels, Hapag-Lloyd and Jurong Port Universal Terminal start first biofuel bunker term delivery in Singapore
14:02 A. P. Moller – Maersk revenue increases by 32% to USD 81.5bn in 2022
13:49 Russian oil supplies already earmarked for February despite EU embargo - Alexander Novak
13:04 TransContainer increased capacity of its containers by 33% YoY
12:37 82.5 thousand tons of Tengiz oil shipped through the Batumi oil terminal in January
12:06 Cargotec appoints Casimir Lindholm as President and CEO
11:42 Allseas to execute the installation scope for phase one of the Tamar expansion project in East Mediterranean
11:33 RF Ministry of Energy supports introduction of moratorium on rate increases for coal transport by rail in 2023-2024
11:20 Elogen to supply a 2.5 MW electrolyser to CrossWind for an offshore wind project off the coast of the Netherlands
11:05 APM Terminals Gothenburg promotes decarbonisation with electric-truck priority
10:40 Schedule reliability up by 24.8% in 2022 - Sea-Intelligence
10:20 Indian-origin shipping company director in Singapore sentenced to jail for fraud
10:01 KNUD H. HANSEN designs the construction for a Live Fish Carrier for Bakkafrost in the Faroe Islands
09:53 Hapag-Lloyd starts retrofits of 100 ships with new propellers and bulbous bows - Offshore Energy
09:35 China Classification Society assists the "Offshore Oil 301" to achieve successful completion of the first bonded LNG bunkering
09:02 Chinese shipbuilders expand LNG carrier production capacity - BusinessKorea
08:51 Clarkson acquires offshore renewable energy service provider, DHSS
07:20 SCZONE and EBRD to sign the 2nd phase to digitize investors services by the end of the month
06:19 HHLA's subsidiary prepares concept study for a hydrogen bunker station on the deep-sea island of Helgoland

2023 February 7

18:37 Gothenburg Port Authority CEO Elvir Dzanic to resign in August
18:07 TotalEnergies obtains two CO2 storage licenses in the Danish North Sea
18:01 Oil price cap does not apply to Russian petroleum product processed by being blended in a third country
17:43 ST Engineering acquires new site in Singapore for its commercial ship repair business
17:40 First section of Houston Ship Channel expansion complete
17:33 DNV to assess the viability of blending hydrogen into South Korea's gas transmission network
17:15 COSCO Shipping Heavy Industry (Guangdong) yard to retrofit the main engines aboard two LPG carriers from the fleet of Tianjin Southwest Maritime
16:47 Kalmar’s eco-efficient hybrid straddle carriers to enhance fleet productivity at DP World Antwerp Gateway
16:21 Emergency Arbitration claims initiated by Euronav fully dismissed
16:02 Onboard hydrogen fuel cell project wins EUR 15 mln funding
15:44 New Balearia innovative fast ferry will feature Wartsila propulsion solutions
15:14 Uniper and Greenko sign exclusivity for Green Ammonia offtake to EU from India’s first Green Ammonia Project in Kakinada
14:48 Italy’s Campostano Anchor updates its fleet with an eco-efficient Konecranes Gottwald Generation 6 Mobile Harbor Crane
14:24 Vopak and Port of Antwerp-Bruges to redevelop former Gunvor site