Skip to content Skip to Search
Skip navigation

DP World to expand capacity at Indonesia’s cargo terminal

Indonesia port WAM
The partnership will create Indonesia’s most direct link with the Malacca Strait, one of the world’s busiest shipping routes

Dubai-based DP World will start operations at Indonesia’s Belawan New Container Terminal (BNCT) after signing an agreement with the sovereign wealth fund Indonesia Investment Authority (INA) and government-owned port operator Pelindo.

The partnership will create Indonesia’s most direct link with the Malacca Strait, one of the world’s busiest shipping routes, DP World said in a statement.

In the long term, the agreement seeks to increase BNCT’s capacity to 1.4 million  twenty-foot equivalent units (TEUs), up from 600,000 TEUs.

BNCT will also aim to attract more direct calls, reducing North Sumatra’s reliance on regional hub ports to access regional and global markets.

The terminal currently serves as a local hub for the neighbouring provinces in Sumatra. The expansion and modernisation programme will strengthen its position as a major trade and logistics gateway in the Malacca Strait.

Alongside modernising maritime infrastructure, DP World and its partners will work to connect other terminals and small ports on the Island of Sumatra to expand BNCT’s role in reducing container logistics costs within northern Sumatra.

Sultan Ahmed Bin Sulayem, group chairman and CEO of DP World, stated that investments in sustainable technologies will eliminate inefficiency and enable trade flow between Indonesia and the world.

The master agreement for the deal was signed in August 2022.

Latest articles

Aramco will use the Cerebras CS-3 chips to build and deploy large language models

Aramco to buy AI chips from Abu Dhabi-backed Cerebras

Saudi Aramco is to buy advanced semiconductor chips from Cerebras Systems, the Abu Dhabi-backed chipmaker aiming to challenge Nvidia’s dominance in the AI arena, as it seeks to boost artificial intelligence in the kingdom. The state-owned energy giant will use Cerebras’ CS-3 chips to build and deploy large language models (LLMs) – computer models essential […]

IEA executive director Dr Fatih Birol. The agency has cut its 2024 oil demand growth outlook by about 7 percent

IEA cuts oil demand forecast as Chinese economy stalls

Rapidly slowing Chinese economic output is the primary driver of falling global oil demand, the International Energy Agency has said, as it cut the forecast in its monthly oil market report. The Paris-based energy watchdog has trimmed its 2024 oil demand growth outlook by 70,000 barrels per day, or around 7 percent, to an average […]

NMDC Energy provides engineering, procurement and construction for energy giants such as Adnoc and Saudi Aramco

Shopping trip for NMDC Energy boss after blockbuster IPO

NMDC Energy is looking for merger and acquisition targets after delivering the UAE’s biggest initial public offering of 2024, its CEO has told AGBI. Ahmed Al Dhaheri said the Emirati company, which listed on the Abu Dhabi exchange on Wednesday, would announce “some M&A soon” and was focusing on expansion outside the Gulf.  He also […]

Emirates pilots pictured in an Airbus A380. Analysts have warned that the aviation industry could be short of 80,000 pilots by 2032

AI could help with pilot shortage, says Emirates COO

Artificial intelligence could allow for planes to fly with just one pilot, an Emirates airline executive has said. This would also help ease the Middle East’s pilot shortage and change how the aviation industry operates. Adel Ahmed Al Redha, chief operating officer of Emirates airline, told AGBI that aircraft operations “might go to maybe one […]