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DP World aims to boost efficiency

DP World aims to boost efficiency
DP World, the Dubai-headquartered marine terminal and services company, has launched what it describes as the industry’s largest asset management programme, covering its entire global operations.

The new Asset Management Framework – created to improve efficiency - brings together all its assets under one system, from quay and yard cranes, terminal yards, and berth equipment, to energy supply outlets and plant machinery.

The programme means assets are managed across the full portfolio rather than terminal by terminal.

DP World has awarded a contract to eAsset Management (eAssetM) to implement  its asset management practices globally and to create an “Asset Management Centre of Excellence.” The move follows a year-long pilot study into the value and performance of asset management approaches in the company. The programme is consistent with international standard ISO55001.

Mohammed Sharaf, group ceo, DP World, said: “This programme will roll out over three years and establish a consistent, co-ordinated approach to manage our substantial assets across our global portfolio. By ensuring that our assets are used to their absolute optimal level, we improve efficiency and reduce costs, and can be sure we are providing top quality customer service from those assets.”

DP World employs 28,000 people globally and has a portfolio of more than 65 marine terminals across six continents, including new developments underway in India, Africa, Europe, South America and the Middle East. Container handling is the company’s core business and generates around 80% of revenue.

In 2012, DP World handled more than 56m teu.  With its committed pipeline of developments and expansions, capacity is expected to rise to more than 100m teu by 2020, in line with market demand.