DP World Completes Integration of Unifeeder and Feedertech
DP World announce Tuesday it has finished integrating its recent acquisitions Unifeeder and Feedertech, creating a feedering and shortsea network serving hundreds of ports across the globe.
Unifeeder, which recently acquired Feedertech, operates feeder and shortsea services around northern Europe and throughout the Mediterranean and Northern Africa regions. Feedertech provides similar services connecting ports in Southeast Asia, the Indian subcontinent and the Middle East. The services have now been integrated onto one platform.
The Unifeeder Group is now working on further expanding its coverage to include additional trade routes and destinations. One example is in the UK where new services connecting the major hub, DP World London Gateway, with smaller British regional ports means containers can travel closer to their final destination by sea, which is more sustainable and efficient than going by truck.
Unifeeder and Feedertech both operate on an asset-light model. This flexibility has enabled DP World’s network to respond rapidly in enabling customers to keep trade flowing despite disruptions caused by the coronavirus pandemic
Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer said, “DP World’s vision is to become the leading end-to-end supply chain solutions provider and contribute to strengthening the position of the countries in which we operate. Our smart logistics and feedering and shortsea services, combined with our worldwide network of ports, terminals and storage facilities around the world, together with our increasing logistics capabilities on land, as we own rail services in Europe and India, mean that we can offer truly innovative solutions to our customers.”