Maritime services provider P&O Maritime Logistics has secured an exclusive towage contract with DP World in the Dominican Republic, increasing the volume and size of vessels calling at the Port of Caucedo.
The contract, which starts on December 7, will see P&O Maritime Logistics deploy three tugs to support operations at Caucedo, which can handle up to 2.5m teu.
Two of the tugs are newbuilds and all three will help facilitate higher frequency and the handling of larger vessels. This is in addition to oil spill response and firefighting capabilities.
The new contract is part of P&O Maritime Logistics’ growth strategy in the Americas. Located near the Dominican Republic’s capital Santo Domingo, the Port of Caucedo serves as an important bridge between the Americas and the Caribbean.
Also, DP World made major investments in the port, including $114m to expand the main berth, and more than $700m to develop its logistics ecosystem.