A new global logistics partnership between DP World and SailGP will see the logistics giant provide end-to-end logistics across five continents during the global racing championship.
SailGP is an international sailing competition featuring high-performance F50 foiling catamarans. Teams compete around the world. This prestigious competition is the latest high-profile and logistically demanding sports event to partner with DP World to handle its logistics.
The logistics giant will manage all sea freight, courier services, and route optimization solutions.
Supporting sustainability
Each race weekend will be supported on the ground by DP World’s regional operations.
MHD Supply Chain News reports that the logistics giant will also be helping SailGP to deliver on its sustainability ambitions. It will prioritize carbon-neutral logistics and emphasize low-carbon transport.
DP World’s Daniel van Otterdijk says they will be delivering smarter and more efficient sustainable logistics to the race over the next three years.
“It’s another great opportunity to bring our global network and world-class logistics capabilities to the sporting arena, and we’re excited to get started at the race this weekend.”
DP World Australia will acquire Silk Logistics Holdings Limited
At the same time, DP World Australia is ready to acquire Silk Logistics Holdings Limited for A$2.14 per share, valuing the deal at A$174.5 million.
Locate2u is reporting that the completion of the acquisition is expected in early 2025, pending shareholder and regulatory approvals.
This acquisition strengthens their Australian logistics network. It is integrated with Silk’s 21 logistics hubs and 25 warehouses.
Silk specializes in port logistics and contract logistics. Partnering with global brands to streamline supply chains.
DP World Australia is a subsidiary of DP World. It’s a leading global transport and logistics company, handling approximately 10% of global containerized trade.
It operates in four container terminals and three container parks. This is at Brisbane, Sydney, Melbourne, and Fremantle, as well as inland distribution centers and warehouses.
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Mia is a multi-award-winning journalist. She has more than 14 years of experience in mainstream media. She's covered many historic moments that happened in Africa and internationally. She has a strong focus on human interest stories, to bring her readers and viewers closer to the topics at hand.
