The company will deploy three tugs to support operations at the Port of Caucedo
Leading maritime services provider, P&O Maritime Logistics has secured an exclusive towage contract with DP World in the Dominican Republic, which will increase the volume and size of vessels calling at the Port of Caucedo.
The contract will see P&O Maritime Logistics deploy three tugs to support operations at Caucedo, which has a capacity to handle up to 2.5mn twenty-foot equivalent units (TEUs).
The new contract is part of P&O Maritime Logistics’ growth strategy in the Americas. Located near the capital Santo Domingo, the Port of Caucedo serves as an important bridge between the Americas and the Caribbean. DP World has made major investments in the port, including a US$ 114mn to expand the main berth, and more than US$ 700mn to develop its logistics ecosystem, according to a press statement.
“By supporting operations in the Port of Caucedo and facilitating an increase in both the volume and size of vessels calling at the port, we can make a positive contribution to the country’s economy,” commented Martin Helweg, CEO, P&O Maritime Logistics.
“The introduction of these new tugs, equipped with market-leading capacity and capabilities, further empowers us to expand our logistics hub and enhance connectivity,” remarked Morten Johansen, CEO DP World Dominicana and COO, DP World Americas Region.
