DP World makes iSpec commitment
(Posted on 10/08/20)
DP World has signed a major multi-year deal to continue its deployment of iSpec, the world’s leading web and mobile-based software procurement solution for buyers of capital-intensive equipment.
The Dubai-based port and logistics giant’s latest contract renewal for iSpec covers three years and includes an option for a further two-year extension.
DP World, which offers end-to-end supply chain logistics solutions via its 123 business units in 54 countries across seven continents, is a long-term supporter of iSpec, the core product of lifecycle contract management specialist Remy InfoSource. After signing its first contract for the deployment of iSpec in 2006, the latest contract renewal by DP World takes the partnership through to 2025.
“We are delighted DP World has had so much success deploying the iSpec Lifecycle Contract Management solution for managing its global procurement of strategic equipment and has signed up for another extended collaboration via this contract renewal,” said Pieter Boshoff, CEO of Remy InfoSource.
“The extended agreement is based on the long-term trusted relationship between DP World and Remy InfoSource. DP World will continue to leverage iSpec for strategic decision-making and management information allowing visibility, control and governance across its global business portfolio.
“This has been a highly fruitful partnership. As a leading global and smart trade enabler, DP World recognises that innovative procurement technologies such as iSpec allow it to stay at the forefront of supply chain solutions.”
Governments and companies regularly procure products and services worth millions, and sometimes billions, of dollars from external providers. Complex projects can take many years from idea to completion. Cost overruns, delays and implementations failures are often the norm rather than the exception. Various project management systems aim to support this process but, unlike iSpec, most focus on the vendor/provider instead of the buying organisation.
iSpec’s web and mobile-based software has continuously been developed over the past 15 years specifically for buyers of capital-intensive outsourced projects. The software provides a unified platform for tender management with dedicated accounts for all relevant parties including all contract terms as well as technical specifications. After awarding the contract to one or multiple vendors, a seamless transition to the implementation phase prevents vendors renegotiating or claiming to not have been aware of detail requirements.
“We have developed the iSpec iNspect mobile inspection app to track ongoing delivery to guarantee specification compliance,” said Boshoff. “This dramatically reduces the risk of failed projects by streamlining the delivery process and facilitating end-to-end transparency throughout.”
Latest News
Rotterdam’s first half year throughput declines with dry bulk down 8.9%
(Posted on 04/08/25)Throughput in the port of Rotterdam decreased by 4.1% in the first half of 2025. This brought the total... Read more
Jeroen Eijsink to become CEO of HHLA
(Posted on 04/08/25)The Supervisory Board of Hamburger Hafen und Logistik AG (HHLA) has appointed Jeroen Eijsink as... Read more
Canada is feeding the world with support from marine shipping
(Posted on 04/08/25)As the 2025 marine shipping season has progressed, grain traffic has remained the dominant story of... Read more
ABL strengthens market value and global reach through TSA acquisition
(Posted on 30/07/25)Asian Bulk Logistics (ABL), has finalised its acquisition of Transhipment Services Australia (TSA),... Read more
Klaipeda Port leads Baltic States in cargo growth
(Posted on 21/07/25)In the first six months of this year, nearly 19 million tons of cargo were handled at Klaipeda Port.... Read more
Adam Bell named President of S.H. Bell Company
(Posted on 21/07/25)S.H. Bell Company, a trusted name in cargo handling, warehousing, and logistics for more than 90 years... Read more
Declining bulk traffic at Antwerp-Bruges in first half of 2025
(Posted on 15/07/25)In the first six months of 2025, the total throughput of Port of Antwerp-Bruges was 137.2 million tonnes... Read more
AD Ports MoU with Critical Minerals Forum to strengthen global supply chains
(Posted on 11/07/25)AD Ports Group, an Abu Dhabi based, leading enabler of global trade, logistics, and industry has announced... Read more
Long An International Port reaffirms commitment to green and sustainable development
(Posted on 10/07/25)Long An International Port has successfully concluded its participation at ASEAN Ports & Logistics... Read more
World’s first hybrid solar-powered inland shipping vessel
(Posted on 08/07/25)Dutch maritime solar innovator Wattlab has delivered a solar energy system for HGK Shipping’s... Read more
