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Rosatom State Corporation, DP World announce collaboration to form global logistics operator

ST. PETERSBURG, Dec 12 – Rosatom State Corporation and DP World have formalized a strategic alliance to establish a global logistics operator, focusing on optimizing international trade efficiency within BRICS nations.

The ceremonial signing occurred at the COP28 Climate Change Conference in Dubai, attended by Alexey Likhachev, Director General of Rosatom, and Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World.

This collaboration aims to enhance logistics integration among BRICS members and partner countries, fostering the expansion and reliability of global supply chains.

The agreement, operating in both Russian and international markets, will leverage key infrastructures across Russia, Eurasia, the Middle East, Africa, and South America.

Director General Alexey Likhachev emphasized the crucial role of reliable supply chains for global economic and sustainable development.

“The parties agreed to jointly develop logistic integration amongst BRICS members and partner countries,” he said.

The partnership with DP World seeks to create a global logistics operator, improving transparency and accessibility in transport and logistics services, particularly in developing regions like Eurasia, the Middle East, Africa, and South America.

This agreement follows the trajectory of previous collaboration between Rosatom and DP World, including a June 15, 2023 commitment to develop Eurasian transport logistics and container shipping along the Northern Sea Route.

“Reliable and flexible supply chains are essential for the world’s economic and sustainable development, as well as international cooperation among BRICS members and partner countries, with the participation of Russia.

“Today, we reached an agreement with DP World to combine our expertise, competencies, and infrastructure capabilities to create a global logistics operator that will improve the transparency and accessibility of transport and logistics services, particularly in developing countries in Eurasia, the Middle East, Africa, and South America,” he said.

In October, they established International Container Logistics LLC, a joint venture actively working on constructing the first regular Arctic container line.

Since 2018, Rosatom has served as the infrastructure operator of the Northern Sea Route, ensuring its safety and continuous operations.

Rosatom’s expanding logistics initiatives, including the Eurasian Container Transit Project, aim to establish a maritime transit container shipping service through the Northern Sea Route.

As a leading global trade transportation services provider, DP World, based in Dubai, UAE, offers comprehensive digital transportation and logistics services worldwide.

Operating in 190 locations across 75 countries and six continents, DP World manages the largest ports, terminals, industrial parks, and logistics hubs globally, with an annual cargo handling capacity exceeding 92 million TEU.–THE MALAYA POST

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