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Dubai: A new international joint venture that aims to change the way that containers are handled in ports has been launched by global trade enabler DP World and industrial engineering specialists, SMS Group.
“BOXBAY” represents a new and intelligent High Bay Storage (HBS) system that will be ready in time for the Dubai Expo 2020 with a pilot project scheduled at Jebel Ali Terminal 4.
The patented design and rack structure of the system creates unique advantages with containers stored up to eleven stories high, delivering the capacity of a conventional terminal in a third of the surface area. By being fully automated it has direct access to each container, eliminating unpaid and unproductive reshuffling. It also features significant gains in handling speed, energy efficiency, safety and a major reduction in operating costs.
The joint venture brings together decades of experience in container terminal logistics at DP World and AMOVA’s high bay storage handling for metal products that weigh as much as 50 tons each in racks as high as 50 meters.
BOXBAY will present its technology and operator business cases for the first time in public at the Terminal Operator Conference (TOC Europe) in Rotterdam in June.
DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem, said: “We continue to explore new technologies that push boundaries, disrupt and add value for our operations and customers. We are excited by the prospects for BOXBAY as handling speed and efficiencies are key aspects of the ports and terminals business and the system is a major development for the sector around the world. We look forward to the technology being installed especially in readiness for Expo 2020.”
Dr. Mathias Dobner, CEO of BOXBAY, said: "With our BOXBAY High Bay Storage technology, we are introducing a revolutionary system that will disrupt global port logistics. Following the world’s operators’ tremendous interest in our joint venture, we are now looking forward to showcase our solution to them in person."
Burkhard Dahmen, CEO of SMS group, said: “The BOXBAY system is a direct result of our “New Horizon” strategy, in which SMS transfers proven technology from the metallurgical sector to other industries.”
TOC Europe will take place from 18th to 20th of June in Rotterdam and the BOXBAY booth (E93) is located in the main hall. Further details and information about BOXBAY and the HBS technology can be found on www.box-bay.com
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For DP World media enquiries please contact:
Sana Maadad
Corporate Communications Manager
DP World
Tel: +971 505522610
sana.maadad@dpworld.com
Mike Vertigans
Senior Corporate Communications Manager
DP World
Tel: +971 566769324
michael.vertigans@dpworld.com
Follow DP World on:
Twitter: https://twitter.com/DP_World
LinkedIn: https://www.linkedin.com/company/dp-world
About DP World:
DP World [1] is a leading enabler of global trade and an integral part of the supply chain.
We operate multiple yet related businesses – from marine and inland terminals, maritime services, logistics and ancillary services to technology-driven trade solutions.
We have a portfolio of 78 operating marine and inland terminals supported by over 50 related businesses in over 40 countries across six continents with a significant presence in both high-growth and mature markets. We aim to be essential to the bright future of global trade, ensuring everything we do has a long-lasting positive impact on economies and society.
Our dedicated team of over 45,000 employees from 103 countries cultivates long-standing relationships with governments, shipping lines, importers and exporters, communities, and many other important constituents of the global supply chain, to add value and provide quality services today and tomorrow.
Container handling is the company’s core business and generates more than 50% of its revenue. In 2018, DP World handled 71.4 million TEU (twenty-foot equivalent units) across our portfolio. With its committed pipeline of developments and expansions, the current gross capacity of 91.2 million TEU is expected to rise to approximately 100 million TEU by 2020, in line with market demand.
By thinking ahead, foreseeing change and innovating we aim to create the most productive, efficient and safe trade solutions globally.
[1] As of February 2019
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