DP World Targets Canada’s Port of Churchill To Cut Shipping Times To Europe by 3 Days
The deal comes as Canada is planning to build new export corridors, trade routes, strengthen supply chains and expand to overseas markets.
Dubai-based DP World has signed an agreement with Arctic Gateway, the operator of Canada’s Port of Churchill, along with Hudson Bay Railway and CentrePort, to develop a trade corridor, boost logistics at the northern Canadian port, bypass geopolitical bottlenecks and accelerate trade to Europe.
This comes as the provincial and federal governments are looking for ways to connect the port to the larger DP World’s global network.
According to the MOU, efforts would be taken to connect Manitoba and the manufacturing hubs in the central part of Canada with the Port of Churchill through the DP World Network, along with connections between Hudson Bay Railway and the Inland Logistics Facility of CentrePoint.
The deal comes as Canada tries to build new export corridors, trade routes, strengthen supply chains and expand to overseas markets.
This story was originally published by Marine Insight. Read the full story at Marine Insight →
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