DP World goes into Suriname

IPS holds both a container and break-bulk facility within the Nieuwe Haven Port at Paramaribo. The largest terminal operator at the port, it currently has a container throughput capacity in excess of 100,000 teu with the potential to double its capacity to meet demand as growth in the local economy.

SPS on the other hand owns a freehold break-bulk facility about 20 miles upstream from Paramaribo specialising in the handling of mining and logging equipment, off-shore supply and cement.

This, combined with off-shore oil exploration and improved road links into French Guiana looks likely to increase trade volumes in the future, especially is the area is naturally rich in resources: besides oil it has, gold, bauxite, agriculture, and forestry products.

Matthew Leech of DP World’s America’s division added: “These terminals are well placed to handle all cargo into Suriname today but importantly they have the potential to expand in line with future demand as trade continues to grow, underpinned by Suriname’s diversified natural resources sector.”