-
DP World signed a cooperation agreement with the Caspian Containers Company SA to help digitize trade across the Caspian Region and parts of Africa
-
The partnership will provide cargo owners with easy booking and shipment tracking via the SeaRates platform
-
The tie-up aims to attract customers for project cargo shipments in Turkmenistan, Uzbekistan, Tajikistan, Kyrgyzstan, and Afghanistan, as well as Mozambique, Democratic Republic of Congo, Nigeria, South Africa, Morocco, Tunisia, Ghana and Kenya in Africa
DP World has signed a cooperation agreement with the Caspian Containers Company SA (CCCSA) to help digitize trade across the Greater Caspian Region and parts of Africa
By using DP World’s SeaRates—a digital platform that allows the efficient process of identifying and booking cargo routes—cargo owners will be able to compare quotes from multiple providers and make informed decisions on the optimal route for their shipments. Serving as a ‘digital freight forwarder’, the SeaRates platform will enable CCCSA’s customers to monitor the status and movement details of a container at any point during its journey.
In addition to supporting the digitizing trade, the partnership further strengthens ties in the two growing markets in the region. The particular focus will seek to attract customers for project cargo shipments in Turkmenistan, Uzbekistan, Tajikistan, Kyrgyzstan, and Afghanistan, as well as Mozambique, Democratic Republic of Congo, Nigeria, South Africa, Morocco, Tunisia, Ghana, and Kenya in Africa.
“There is a great opportunity to enable further development of the Greater Caspian Region and Africa’s trade routes to unlock more economic benefits. The digitalising of the supply chain will help us do this, with innovative technology such as SeaRates enabling cargo owners to find the most efficient routes to transport their goods via an online platform. As a technology leader in the supply chain and logistics space, we are proud of the role that we can play when it comes to providing digital products for all stakeholders in the value chain, and we look forward to building on the relationship we have with the Caspian Containers Company to facilitate the flow of trade,” said Mike Bhaskaran, Group chief technology officer, Digital Technology, DP World, in a statement.
Murat Seitpesinov, chairman of the Integral Petroleum Group, for his part said: “As one of the leading players in commodity trading, logistics and related digital projects in the Greater Caspian Region, Integral Group is excited to partner with DP World, the leading global port operator and logistics integrator. This cooperation will drive adoption of innovative logistics solutions and digital technologies as well as facilitate trade in two regions with the highest growth potential in the World — the Greater Caspian Region and Africa”.
The lack of standardization of transportation and logistics in many Greater Caspian and African countries has made it difficult for customers to compare prices and services from different providers. As a result of the partnership with DP World’s SeaRates, CCCSA’s customers will be able to compare quotes from multiple providers and make informed decisions in minutes.
Customers will only need to input the place of loading and required destination. SeaRates provides multiple shipment options to customers to enable them to check vessel schedules and track their shipments once the booking is made, all in one digital platform.
If rates are not immediately available, SeaRates connects to CARGOES Logistics, which provides access to instant online cargo booking.
CCCSA is a subsidiary of Geneva-based Integral Petroleum Group, a trading and logistics company established in 2008 and primarily active in the markets of Caspian Region, the Caucasus, Central Asia and Central America.
RELATED READ: DP World’s 2022 volume growth beats forecasts
