DP World and Caspian Containers Company SA (CCCSA) have signed a cooperation agreement to facilitate the digitisation of trade across the Greater Caspian Region and parts of Africa using innovative technology.
The agreement will utilise DP World’s digital platform, SeaRates, which allows the identification and booking of cargo routes in seconds, enabling cargo owners to compare quotes from multiple providers and make informed decisions.
The platform will serve as a digital freight forwarder, providing customers with full visibility and efficient movement of items. The partnership will also strengthen ties in the two growing markets and focus on attracting customers for project cargo shipments in various countries.
The lack of standardisation in many countries has made it difficult for customers to compare prices and services from different providers. Mike Bhaskaran, group chief technology officer, Digital Technology, DP World, sees a great opportunity to unlock more economic benefits by enabling the development of the Greater Caspian Region and Africa’s trade routes.
“The digitising 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,”
Murat Seitpesinov, chairman of the Integral Petroleum Group, 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.”
Customers simply input the place of loading and required destination. SeaRates then offers the most streamlined way of making that delivery from its network of freight forwarders. It 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, a digital solution, providing access to instant online cargo booking, to work on a tailormade quote based on DP World-owned assets being used to ship a container.