Dubai Port Operator DP World Sees Lasting Supply Disruptions
- Supply chain blockages may ease in 2023, DP World CEO Says
- Bin Sulayem says freight rates are likely to keep increasing
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Dubai’s DP World, one of the biggest global port operators, expects supply chain bottlenecks that have rattled global trade flows to continue at least for another two years.
“The global supply chain was in crisis in the beginning of the pandemic,” Chairman and CEO Sultan Ahmed Bin Sulayem told Bloomberg TV in an interview at Dubai Expo 2020 on Friday. “Maybe in 2023 we’ll see an easing.”