DP World has reached a significant milestone, surpassing 100 million TEUs of gross container handling capacity across its global portfolio. This achievement is a testament to the company’s strategic investments and infrastructure development over the past decade, totaling over $11 billion.
DP World’s capacity has grown by 33% over the past 10 years, driven by expansions, new greenfield developments, and acquisitions. Starting with 75.6 million TEUs in 2014, the company has consistently invested in modernizing its infrastructure to meet the evolving demands of the global supply chain.
In the last 12 months alone, DP World’s global gross container handling capacity increased by 5%, further solidifying its position in the global trade landscape. This expansion brings DP World’s share of the global container market to 9.2% and demonstrates its commitment to investing in the markets it serves, offering increased capacity to its customers and partners.
“Crossing the 100 million TEU mark is a momentous milestone in our journey, which began 45 years ago,” said Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive of DP World. “This achievement reflects our commitment to investing in world-class ports and logistics infrastructure to make trade flow.”
He added, “Through our decades of experience operating in some of the most dynamic markets in the world, we have gained a deep understanding of every aspect of the complex global supply chain. This allows us to build customized solutions where others can only see obstacles.”
Investing in Emerging Markets
DP World’s investments extend to emerging and underdeveloped markets, where the company’s impact on trade and economic development has been significant.
“Over the last 20 years, we have invested in ports and terminals across the world, often in less traditional and underdeveloped trade markets, where our socio-economic impact has been significant,” said Tiemen Meester, COO of Ports & Terminals, DP World.
He highlighted the recent takeover of the Dar es Salaam facility in Tanzania, where vessel waiting times have been significantly reduced thanks to DP World’s investments and operational expertise.
Continued Growth and Innovation
This year marks significant anniversaries for DP World, including 45 years of Jebel Ali Port and 40 years of the Jebel Ali Freezone, reflecting the company’s rapid growth and commitment to innovation in trade. With new port developments underway in Ndayane, Senegal, and Tuna-Tekre, India, DP World continues to expand its global footprint and strengthen its position as a leader in the global trade and logistics industry.
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