President of DP World: Global shipping congestion has no end

President of DP World: Global shipping congestion has no end

Sultan Ahmed bin Sulayem, chairman of logistics giant DP World of the United Arab Emirates (UAE) based in Dubai, said there was a shortage of shipping containers, port congestion and freight rates. The sky-high, which has caused disturbances to global trade in recent times, has not yet come to an end.
Chủ tịch DP World: Tình trạng tắc nghẽn vận tải biển toàn cầu chưa có hồi kết - Ảnh 1.

A container ship of Maersk (Denmark). (Photo:  AP).

The combination of lockdowns related to the COVID-19 pandemic and an unexpectedly rapid recovery in consumer demand as economies reopen to post-pandemic activities has led to stressful situations. in the field of logistics.

According to Sultan Ahmed bin Sulayem, it will take a long time to fix the problem, but he did not give a forecast when the disruption will end.

After the Suez Canal incident came the Covid epidemic at Yantian port of Guangdong province, China, causing prolonged congestion for the global shipping industry. Analysts say that if the basic problems are not resolved quickly, the congestion of the container shipping industry on international shipping routes could last until Christmas this year.

The UAE state-owned DP World is one of the world’s largest seaport operators, operating more than 90 facilities in six countries.

Sultan Ahmed bin Sulayem also said that the group’s workforce will increase to nearly 100,000 people in the next three to four months, from the current level of 56,000.

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