{"id":70875,"date":"2023-05-18T00:00:00","date_gmt":"2023-05-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/05\/18\/countries-are-looking-towards-reshoring-nearshoring-amid-global-supply-chain-reconfiguration-dp-world-ceo-says\/"},"modified":"2023-05-18T00:00:00","modified_gmt":"2023-05-18T00:00:00","slug":"countries-are-looking-towards-reshoring-nearshoring-amid-global-supply-chain-reconfiguration-dp-world-ceo-says","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/05\/18\/countries-are-looking-towards-reshoring-nearshoring-amid-global-supply-chain-reconfiguration-dp-world-ceo-says\/","title":{"rendered":"Countries are looking towards reshoring, nearshoring amid global supply chain reconfiguration, DP World CEO says"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">The reconfiguration of supply chains is prompting countries to resort to <\/span><span style=\"font-weight:700\">reshoring and nearshoring to preempt supply chain disruptions and double down on industrialization<\/span><span style=\"\">, CEO and Managing Director of DP World UAE and Jafza (Jebel Ali FreeZone Authority) Abdulla Bin Damithan said at the Seatrade Maritime Logistics Middle East event in Dubai, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.seatrade-maritime.com\/ports\/growing-trend-nearshoring-and-trade-regionalisation-dp-world\" style=\"\">Seatrade Maritime<\/a><\/span><span style=\"font-weight:400;\"> reports. \u201c[Many] are thinking long term and are prepared to sacrifice immediate profitability for increased resilience and reliability,\u201d he added. Regionalizing and reshoring are expected to play a significant role in trends towards economic diversification and phasing out the dependence on oil, Damithan explained. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The reconfiguration of supply chains is prompting countries to resort to reshoring and nearshoring to preempt supply chain disruptions and double down on industrialization, CEO and Managing Director of DP World UAE and Jafza (Jebel Ali FreeZone Authority) Abdulla Bin Damithan said at the Seatrade Maritime Logistics Middle East event in Dubai, Seatrade Maritime reports. 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