DP World Reaches 100M TEU Milestone

23

  • DP World has invested over $11 billion in port infrastructure, expansions, and acquisitions to support global trade.
  • The company now holds a 9.2% share of the global container market, with handling capacity growing 33% over the past decade.
  • Expansion projects include new ports in Senegal and India and the revitalization of underdeveloped trade hubs like Dar es Salaam in Tanzania.
  • Marking 45 years of Jebel Ali Port, DP World continues to lead through innovation and infrastructure development.

DP World has reached a historic achievement by surpassing 100 million TEUs (twenty-foot equivalent units) of container handling capacity across its global portfolio since inception. This success underscores over $11 billion in investments in infrastructure development and strategic acquisitions over the past decade, reports DP World.

From an initial capacity of 75.6 million TEUs in 2014, DP World has seen a 33% growth in capacity, primarily driven by greenfield projects, modernized facilities, and acquisitions. The company’s gross container handling capacity increased by 5% in the past year, strengthening its presence in the global container market with a 9.2% market share.

Strategic Investments and Expansions

DP World has consistently invested in enhancing its infrastructure to meet the needs of the evolving global supply chain. Recent projects include new ports at Ndayane in Senegal and Tuna-Tekre in India, emphasizing its commitment to connecting businesses and customers worldwide.

The company’s investment in underdeveloped trade markets has had significant socio-economic impacts. A notable example is the takeover of the Dar es Salaam facility in Tanzania. Previously plagued by month-long vessel waiting times, the facility has seen a dramatic improvement in efficiency under DP World’s management.

Vision for the Future

Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, highlighted the significance of this milestone:
“Crossing the 100 million TEU mark is a testament to our commitment to world-class ports and logistics infrastructure. Our decades of experience in dynamic markets allow us to build solutions tailored to the complexities of the global supply chain.”

Tiemen Meester, COO of Ports & Terminals, added:
“This milestone is not just about numbers but reflects the positive impact on global trade and the markets we serve. The transformation of facilities like Dar es Salaam underscores our focus on delivering meaningful change.”

Looking Ahead

With global container throughput projected to grow by 2.8% this year, DP World remains well-positioned to service the market’s demands. As the company celebrates 45 years of Jebel Ali Port and 40 years of the Jebel Ali Freezone, it continues to demonstrate its leadership in innovation and infrastructure, solidifying its role as a cornerstone of global trade.

 

Did you subscribe to our daily Newsletter?

It’s Free! Click here to  Subscribe

Source: DP World