DP World an operations management contract with Canadian potash exporter Canpotex

UAE-headquartered logistics company DP World inked a five-year management contract with Canpotexfor the handling of potash exports, according to a statement. The financial details of the agreement were not disclosed.

What we know: Under the agreement, DP World will oversee potash handling at Canpotex’s Saint John terminal in New Brunswick, including handling from railcars, storage, inventory in the warehouse, and loading ships bound for international markets.

About Canpotex: Headquartered in Saskatoon, the company is one of the largest global suppliers of potash, delivering its product to over 40 countries through a supply chain encompassing three North American marine terminals, with a fleet of over 8k railcars and self-chartered ship voyages.