Investing in a younger fleet with lower maintenance needs enables DP World to lower operating costs. Credit: DP World.

DP World has expanded its container fleet by acquiring 47,000 twenty-foot equivalent units (TEUs).

This acquisition aimed to ensure DP World’s customers have seamless access to essential container capacity, particularly during peak demand or unforeseen disruptions.

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The addition of the new containers is expected to bolster DP World’s ability to respond quickly to customer needs.

By enhancing control over delivery schedules, the company can minimise the risk of delays.

DP World Marine Services global chief operating officer Ganesh Raj said: “In today’s increasingly complex and competitive commercial environment, supply chains are under growing pressure.

“This injection of 47,000 TEUs into the existing ecosystem of DP World-owned assets will help our customers access the capacity they need, safe in the knowledge that their goods will be moved from end to end with a single partner.”

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Investing in a younger fleet with lower maintenance requirements allows the company to reduce operating costs, stated DP World.

DP World’s owned assets encompass the multimodal logistics supply chain, including vessels, ports, terminals, economic zones, warehouses, and specialist pharma-grade cold storage centres, in addition to electric shuttle carriers and digital wallets, spread across 78 countries on six continents.

In keeping with its sustainability commitments, DP World said it will transport these containers using fuel-efficient vessels, trucks, and trains.

This month, DP World revealed plans for a £1bn ($1.3bn) expansion of London Gateway, with an aim to make it the UK’s largest container port within the next five years.