UAE’s DP World and China’s Zhejiang Seaport Group have announced a new partnership that aims to strengthen port logistics and shipping routes between Jebel Ali Port in Dubai and Ningbo-Zhoushan Port in China.
This partnership aims to attract shipping companies to establish additional maritime routes between the two ports. Moreover, it seeks to encourage shipping lines to cooperate in the form of slot exchanges and vessel space purchases on the Dubai-Ningbo route, enhancing the level of connectivity and efficiency between the two maritime hubs.
Promoting green and low-carbon ports
DP World and Zhejiang Seaport Group will partner to promote the construction of green and low-carbon ports, establish an information-sharing mechanism, and share experiences in the construction of green terminals. Moreover, their partnership will explore the use of shore power and the refueling of green ships with environmentally friendly fuels such as LNG and green methanol.
“This strategic collaboration aligns with our vision of expanding our presence in China and working with like-minded partners to strengthen trade routes and accelerate the green energy transition,” stated Abdulla bin Damithan, CEO and Managing Director of DP World GCC.
Notably, China is the UAE’s largest trading partner and this partnership further supports trade ties between the two countries and the Belt and Road Initiative.
Read: Middle East private jet market makes waves
Implementing green practices
The collaboration between DP World and Zhejiang Seaport Group will promote low-carbon facilities in ports, expand the application of new energy, and encourage ships to use clean fuels. Moreover, it will establish a green shipping corridor between Jebel Ali Port and Ningbo-Zhoushan Port, contributing to the green transition of the shipping industry.
“Our partnership with DP World, will further strengthen China’s position as a major player in global trade, creating extensive opportunities for Chinese businesses to access customers across the Middle East, Asia, Europe and Africa. The UAE is an important hub for China’s Belt and Road Initiative,” stated Tao ChengBo, Chairman of Zhejiang Seaport Group and Ningbo-Zhoushan Port Group.
DP World and Zhejiang Seaport Group’s agreement will also explore the possibility of investment in logistic opportunities in Jebel Ali Free Zone and Zhejiang Free Trade Zone. Besides, it will support automobile logistics by leveraging the advantages of Dubai as a regional transit hub and China as a major exporter of automotives to support Ro-Ro trade between Ningbo-Zhoushan Port and Jebel Ali in Dubai.
For more logistics news, click here.
