DP World and Zhejiang Seaport Group have announced a new partnership aimed at enhancing port logistics and shipping routes between Jebel Ali Port in Dubai and Ningbo-Zhoushan Port in China.
"We are pleased to sign this agreement with Zhejiang Seaport Group. 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. China is the UAE’s largest trading partner and we are committed to supporting the Belt and Road Initiative through this and other ventures," commented Abdulla Bin Damithan, CEO and Managing Director of DP World GCC.
This collaboration seeks to attract shipping companies to establish additional maritime routes between the two major container ports. It also aims to foster cooperation among shipping lines through slot exchanges and vessel space purchases on the Dubai-Ningbo route, thereby improving connectivity and operational efficiency between these maritime hubs.
Furthermore, the partnership will focus on promoting environmentally sustainable practices, including the development of green and low-carbon ports. This initiative will involve establishing an information-sharing mechanism and exchanging experiences in constructing eco-friendly terminals, utilizing shore power, and refuelling ships with clean fuels like LNG and green methanol.
Additionally, the collaboration aims to expand the adoption of new energy sources and encourage the use of clean fuels among ships. This effort will contribute to establishing a green shipping corridor between Jebel Ali Port and Ningbo-Zhoushan Port, thereby supporting the shipping industry's transition to more sustainable practices.
The agreement also includes exploring investment opportunities in logistics within the Jebel Ali Free Zone and Zhejiang Free Trade Zone. It will leverage Dubai's role as a regional transit hub and China's position as a major automotive exporter to support Ro-Ro (roll-on/roll-off) trade between Ningbo-Zhoushan Port and Jebel Ali in Dubai.
