News
Stay up to date with the latest market news
Dubai-based DP World and international partners SMS Group have entered into a joint venture that could revolutionise the way containers are handled in ports. The new intelligent system, called Boxbay, is a high bay storage system that will be piloted for the first time at Jebel Ali Terminal 4 in time for the Dubai Expo 2020.
The patented design and rack structure of the system allows the storage of containers up to 11 storeys high, delivering the capacity of a conventional terminal in a third of the surface area.
Boxbay is fully automated and can access each container individually, eliminating unpaid and unproductive reshuffling. The system also allows for significant gains in handling speed, energy efficiency, safety and a reduction in operating costs, according to a statement.
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, added: “With our Boxbay High Bay Storage technology, we are introducing a revolutionary system that will disrupt global port logistics.”
–
Cavendish Maxwell is the MENA region’s leading firm of property consultants and chartered surveyors. If you are looking for professional real estate consultation or advice on property related matters, please view our services.
Stay up to date
This website uses cookies to improve your experience
Accept allCookie preferencesxCookie | Duration | Description |
---|---|---|
_ga | 2 years | The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. |
_ga_34E12VSHW6 | 2 years | This cookie is installed by Google Analytics. |
_gat_gtag_UA_66458947_1 | 1 minute | Set by Google to distinguish users. |
_gat_UA-66458947-1 | session | A variation of the _gat cookie set by Google Analytics and Google Tag Manager to allow website owners to track visitor behaviour and measure site performance. The pattern element in the name contains the unique identity number of the account or website it relates to. |
_gid | 1 day | Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. |
cookielawinfo-checkbox-statistics | 1 year | This cookie is set by the GDPR Cookie Consent plugin to store the user consent for the cookies in the category "Statistics". |