AsiaMiddle EastPorts and Logistics

DP World signs up for East Java boxport project

Two preliminary agreements between DP World and Indonesian conglomerate Maspion Group were signed yesterday to create a $1.2bn container port and industrial logistics park in East Java.

Maspion International Container Port in Gresik in will have a 3m teu annual capacity when up and running in 2022.

Sultan Ahmed Bin Sulayem, DP World group chairman and CEO, said: “This partnership will be a major addition to our global portfolio and a new step in our ongoing expansion. It will also enhance our continuing commitment to Indonesia, one of the most important world economies.”

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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