DP World and Delhi Capitals announce Long-term Partnership

DUBAI, UAE & NEW DELHI: DP World and Delhi Capitals today announced a long-term partnership. DP World, a leading provider of smart end-to-end logistics, is now the Global Logistics Partnerofthepopularcricketfranchise.

The new multi-year partnership, unveiled on 24th March at the Leela Palace Hotel in New Delhi, will see DP World featured prominently on the back of Delhi Capitals official match jerseys as well as training gear.

The partnership extends beyond logistics to a shared vision of highperformance premised on innovation. This vision also resonates well with the Indian capital, New Delhi, a multicultural city and a global hub, that like DP World, connects acrossborders.

Rizwan Soomar, CEO & MD India Subcontinent & SubSaharan Africa, DP World, said: “Over the years, cricket has transformed itself, with ever evolving formats unlocking enormouspotentialforplayersacrosstheworldandmakingthe game engaging and exciting for a diverse set of audiences. Similarly, DP World is relentlessly focused on innovation, constantlyseekingoutnewopportunitiestorevolutioniseglobal trade and open opportunities for our customers to grow. We are delighted to announce this partnership bringing together two leading organisations that are ready to go beyond conventional boundariestochangewhat’spossibleforeveryone.”

DP World, through its world-class multimodal logistics capabilities spread across more than 75 countries, ensures seamless movement of trade around the world, including India. The company plays a critical role in supporting the game of cricket across the world. From transporting the cork ofcricketballstomovingthewillowthatisusedformakingbats, DP World’s agile, reliable, and transparent supply chain solutions are helping make cricket possible for players across theglobe.

Speaking about the new partnership, Dhiraj Malhotra, CEO, Delhi Capitals said: "We are excited to sign a multi-year partnershipwithDPWorld.Theorganisationisagloballeader inlogisticsandthereforeit'sahugeprivilegeforustohaveDP World as our Global Logistics Partner. The organisation has a strong global presence, and it will certainly help us grow the DelhiCapitalsbrand."

The 2022 T20 season was viewed by over 400 million fans across the globe, making it one of the largest sporting events in the world. Partnering with Delhi Capitals provides DP World with a vibrant platform to engage with customers, prospects, and stakeholderswithinIndiaandbeyond.

The new partnership is part of DP World’s growing global portfolio of cricket partnerships. The company is the title partner of the DP World ILT20 in the UAE, and the naming rights partner of the DP World Lions and the iconic DP World Wanderers Stadium in Johannesburg. The company also became the title partner of the DP World Asia Cup, that took placeintheUAEin2022.

DP World will begin their exciting journey with Delhi Capitals with one of cricket’s most brilliant minds, Ricky Ponting guiding the team, against Lucknow Super Giants on 1 April 2023. The season will see Delhi Capitals returning home to the ArunJaitleyCricketStadiumafter3years.

Maersk signs MOU with Shanghai International Port Group on green methanol

COPENHAGEN - A.P. Moller-Maersk (Maersk) announced that the company has signed a Memorandum of Understanding (MOU) with Shanghai International Port Group (SIPG) on strategic cooperation for Shanghai Port methanol marine fuel project. The two parties will join hands to explore green methanol fuel vessel-to-vessel bunkering operation after Maersk’s green methanol container vessels beingdeliveredin2024.

Maersk has set a net-zero emissions target for 2040 across the entire business, and the delivery and operation of its 19 vessels with dualfuel engines able to operate on green methanol will accelerate the evolution of climate neutral shipping. Therefore, establishing port bunkering infrastructure for methanol is imperativeandcriticaltoachievethisgoal.

“Collaborating with ports globally to build green fuel bunkering infrastructuresisnecessarytoservicemethanolvessels.Itisan important step as Maersk strives to lead the decarbonization of end-to-endsupplychainsandmakeameaningfulenvironmental impact in this decade. We are very pleased to form the partnership with SIPG, leveraging its strong capabilities in bunkering service and port operation. Through joint efforts, we can provide low-carbon logistics service for our customers, also contributing to China’s pledge to be carbon neutral by 2060. Meanwhile, we also endeavor to cultivate synergies with SIPG and fuel manufacturers to optimize fuel infrastructure efficiencies,said,Mr.VincentClerc,CEOofA.P.Moller-Maersk. AsSIPG,themainoperatoroftheworld’sbusiestcontainerport, also commits to becoming a leader in developing green and ecological ports, the agreement will also support the aspiration of Shanghai Port to become one of the world’s first commercial green methanol refuelling points, and as a regional green methanol fuel bunkeringcentre.

“We are happy to collaborate with Maersk in support of its mission to decarbonise the shipping industry. As the demand for sustainable fuels increase, establishing the green fuel bunkering service will be another milestone for SIPG, improving port services and enhancing the competitiveness of Shanghai port, in a bid to transform the company into a lowcarbon and eco-friendly energy hub in Asia Pacific. SIPG will continue to work with shipping companies to foster Shanghai shippinghubgatewayandthegreen,low-carbontransformation of shipping industry in Shanghai, said, Mr. Gu Jinshan, Chairman,ShanghaiInternationalPortGroup.

Maersk and SIPG will deepen cooperation in stages. In the first phase, SIPG, as Maersk’s potential energy bunkering service provider, will carry out services of vessel-to-vessel bunkering and fuel tank storage at port. In the potential second stage, the parties will explore how to form an allround energy strategic partnership to promote the extension from bunkering services to the upstream of the green methanol industry chain.