CARGOES Customs By DP World is a new digital compliance and revenue solution, providing a streamlined, single-window interface.
The platform features a unique and highly sophisticated risk analysis system that replaces traditional customs systems
This new digital solution connects customs officials and traders through an easy-to-use interface and a suite of custom-built tools. We will continue to invest in our digital platforms to bring simplicity, transparency and efficiency to global trade – at customs, and beyond.”Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive Officer of DP World
DP World, the leading global logistics company and provider of smart supply chain solutions, today announced the launch of its new digital compliance and revenue platform, CARGOES Customs. The platform facilitates completely paperless trade easing the flow of the customs process using innovative technology solutions, including an Artificial Intelligence-driven risk engine and smart valuation. Its advanced classification wizard, based on machine learning, vastly reduces classification issues. It is designed and supported by customs experts and digital transformation leaders, and is backed by more than 40 years of experience in logistics to solve challenges in the supply chain.
CARGOES Customs provides an intelligence-enabled, unified customs operating model that optimizes border management and revenue collection activities. The system empowers customs agencies to facilitate trade, secure global supply chains, and increase compliance. At the same time, it minimizes revenue leakage for government agencies. The platform is built to assist global customs organizations in reforming and modernizing processes by streamlining digital transformation through the latest technology and tools.
The CARGOES Customs platform is based on the belief that with technology as a foundation, any customs organization can vastly improve its digital capabilities and better integrate with key agencies and other countries, while also satisfying any regional agreements. The CARGOES Customs system is further enhanced by its powerful risk engine which detects revenue leakages. This technology improves visibility and traceability and is based on WCO best practices, thereby optimizing the customs clearance process. As an intelligent risk engine, it helps enforce compliance and promotes seamless collaboration between authorities, government departments, and stakeholders.
Offering a single-window interface, CARGOES Customs is highly configurable and uses a template-based design which means customs organizations can update or roll out new services at the click of a button. It supports all file formats commonly used in customs and is WCO, WTO, and SAFE framework compliant.
Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive Officer of DP World said: “Trade is a key driver to help economies around the world to recover fairly and sustainably from the economic shock of the pandemic. At DP World, we are doing our part to make trade flow as smoothly and seamlessly as possible, and with CARGOES Customs we really help customs authorities around the world to become dramatically more efficient – now and for the long term. This new digital solution connects customs officials and traders through an easy-to-use interface and a suite of custom-built tools. We will continue to invest in our digital platforms to bring simplicity, transparency and efficiency to global trade – at customs, and beyond.”
Pradeep Desai, Chief Technology Officer, DP World concluded: “Demand for digital solutions has never been higher and will only keep growing. We are leveraging technology to create value for our customers and help drive growth. CARGOES Customs by DP World is part of the broader CARGOES software suite of products. DP World created CARGOES to solve pressing challenges caused by supply chain related inefficiencies. It’s a holistic solution powered by technology targeting all aspects of global trade including Finance, ERP, Tracking, Terminal Operating System, Customs software and enabling end-to-end logistics. We are excited to provide Logistics as one of our first CARGOES offerings to customers.”
About DP World
DP World is a leading enabler of global trade and an integral part of the supply chain.
We operate multiple yet related businesses – from marine and inland terminals, maritime services, logistics, and ancillary services, to technology-driven trade solutions.
We have a portfolio of over 150 operations in over 45 countries across six continents, with a significant presence in both high-growth and mature markets. We aim to be essential to the bright future of global trade, ensuring that everything we do contributes positively and sustainably to both the economy and society.
Our dedicated team of more than 46,000 employees from 120 countries cultivates long-standing relationships with governments, shipping lines, importers and exporters, communities, and many other important constituents of the global supply chain, providing quality value-added services today and tomorrow.
Container handling is the company’s core business and generates more than 50% of its revenue. In 2018, DP World handled 71.4 million TEU (twenty-foot equivalent units) across our portfolio. With its committed pipeline of developments and expansions, the current gross capacity of 91 million TEU is expected to rise in line with market demand.
By thinking ahead, foreseeing change and innovating, DP World aims to create the most productive, efficient, and safe trade solutions globally.