DP World bolsters Europe-Asia connection with new multimodal terminal

DP World has announced the construction of a new multimodal terminal connecting Romania’s industrial heartland to European and Asian trade hubs. According to a statement released by DP World, the Aiud intermodal terminal will boast a static storage capacity of 3,000 TEU and is expected to become operational in the first half of next year. Through its on-site connection to the electrified rail infrastructure, it will also help reduce CO2 emissions and transportation costs through the shift from road to rail.

The inland terminal and logistics hub will be built in Decea, near the city of Aiud in the northeast of Romania, an industrial heartland where 50 per cent of the country’s GDP is sourced. As regions in Northern Romania have become vital industrial and trade hubs for the country, the new multimodal terminal will function as gateway to strengthen connections with the rest of the country. At the same time, Aiud terminal is set to secure a fast direct link from Europe to major hubs in Central Asia and China, enabling Romania to become a commercial hub for European trade eastward and effectively expanding the country’s role in global trade.

“The benefits offered to the import and export supply chains will have a significant and positive impact across the country with the terminal offering efficient, robust and reliable trade routes across borders,” said Cosmin Carstea, CEO of DP World Romania. “The vast number of businesses in the area will now have a logistics hub within easy reach that will then enable the flow of trade across the globe.” In the first three months of 2022, DP World handled a total of 19.3 million TEU across its global portfolio of container terminals.

The sum represents a 1.7 per cent increase in the company’s container volumes on a reported basis and a 1.9 per cent rise on a like-for-like basis.