Dubai’s DP World chairman Sultan Ahmed Bin Sulayem is in South America inspecting the operations of the company’s container terminals, meeting with notables in the business and political world as well as consulting with customers on site.
Most recently, Mr Bin Sulayem visited the company’s new terminals in Suriname, which joined the port operator’s global network six months ago. There he met port manager Marcel Mulier.
DP World acquired a controlling interest in Integra Port Services (IPS) and the new private terminal at Paramaribo, Suriname on the northeast coast of South America last August. The Paramaribo terminal focuses on project cargo for the mining, oil and forestry sectors, as well as cement cargo.
Said Mr Bin Sulayem: “I am delighted to visit Suriname for the first time. With operations in the northeast, and serving a much wider region, it is one of our strategic operations in South America.
Earlier, Mr Bin Sulayem also toured DP World Callao, the company’s largest container terminal on South America’s Pacific coast, where he met Peruvian Prime Minister Oscar Valdez to discuss how the company can contribute to Peru’s growth.
DP World Callao, inaugurated in 2010 by Peruvian President Alan Garcia Perez, has an annual average operating capacity of 850,000 TEU. It is located in the south zone of the Port of Callao, covering an area of 245,000 square metres and its two berths, each 350 metres long with a 16 metre draft, are capable of handling two post-Panamax vessels of around 8,000 TEU simultaneously.
Peru is one of the fastest growing emerging markets with the World Bank projecting a 5.1 per cent growth in GDP this year, the second highest in Latin America.
In Brazil, he inspected the first phase of Embraport (Empresa Brasileira de Terminais) to be completed in 2013. It is being built on a freehold site on the uncongested left bank of the Santos Estuary with deep water marine as well as rail access adjacent to Porto de Santos, an existing port facility in the city of Santos, Sao Paulo State, said a company statement.
Porto de Santos is the largest Brazilian container port and the largest in South America, with 90 per cent of its cargo destined for the Sao Paulo market.
The first phase of the project will have one million TEU capacity and will be operated by DP World.
During his visit, Mr Bin Sulayem was accompanied by DP World CEO Mohammed Sharaf, vice president Suhail Albanna and America’s managing director Matthew Leech. They met the port project partners and more than 15 shipping lines and potential customers.
Said Mr Bin Sulayem: “Upon opening, Embraport will contribute significantly to Brazil’s growth and will serve the nation’s logistics interests. We are confident that with the deployment of cutting edge technology combined with its large capacity, and the competencies of our partners, the terminal will support the development of Santos as the main port complex in the country.”
In August 2009, DP World signed a partnership with Odebrecht to acquire a majority stake in Embraport. Embraport’s other shareholders include Caixa Economica Federal’s investment fund FI-FGTS and the Coimex Group, which have led the project since its inception.
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