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DP World Caucedo receives largest vessel after completing expansion

DP World Caucedo has completed its $114m-expansion allowing it to receive the biggest vessel ever to dock in the Dominican Republic, the 12,990 teu-MSC Katrina, which connects Europe with the Caribbean, South America and the Pacific.

Michele Labrut, Americas Correspondent

March 31, 2021

1 Min Read
caucedo (002)
Photo: DP World

The expansion raised capacity to 2.5m teu and it currently has terminal currently has ten gantry cranes (five super post-Panamax and five post-Panamax), 32 rubber-tyred gantry (RTG) cranes.

DP World Caucedo is aiming to contribute to the country’s plans to become the main logistics hub in the Caribbean region.

“At DP World we seek to promote the Dominican Republic as a value proposition for manufacturing companies and multinational industries. This, with the aim of attracting new investments of foreign capital under the nearshoring scheme and transforming the country into the logistics hub of the Caribbean,” said Morten Johansen, CEO of DP World in the Dominican Republic.

“For this reason, we are constantly working to strengthen the capacity of our service ecosystem in order to contribute to make the supply chain more efficient in the country and throughout the region.”

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DP World

About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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