Container Throughput Surpasses 100 Million TEUs! DP World Invests Over $11 Billion in a Decade
Logistics News
16-Jan-2025
DP World's global container terminal portfolio has grown by one-third over the past decade, reaching a significant milestone of 100 million TEUs.
Over the past 10 years, DP World has invested more than $11 billion to increase its global container terminal throughput by 33%, achieved through expansions, new greenfield projects, and acquisitions.
DP World stated that the company has consistently modernized its infrastructure since 2014, starting with 75.6 million TEUs, to meet the evolving needs of global supply chains.
In the past 12 months, the company's global container handling capacity grew by 5%, raising DP World's share in the global container market to 9.2%.
“Crossing the 100 million TEU mark is a significant milestone in our 45-year journey. This achievement reflects our commitment to investing in world-class port and logistics infrastructure to facilitate seamless trade. We believe the global container market will continue to grow in the coming years, and we are well-positioned to serve it,” said Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World. “With decades of operational experience in the world's most dynamic markets and a deep understanding of the complexities of global supply chains, we are able to provide tailored solutions for our customers,” he added.
According to Drewry, global container throughput is expected to grow by 2.8% this year. DP World combines infrastructure, multimodal transportation, and logistics services to connect businesses with customers. Currently, the company is constructing new ports in Ndayane, Senegal, and Tuna-Tekra, India.
“This impressive milestone holds significant meaning for us, not only for the volume it represents in global trade flows but also for its impact on the markets we invest in,” said Tiemen Meester, Chief Operating Officer of DP World Ports and Terminals. “Over the past 20 years, we’ve invested in ports and terminals around the world, often in traditional and underdeveloped trade markets, generating substantial socioeconomic impact. One highlight of 2024 is our takeover of the Dar es Salaam facility in Tanzania, which had seen little development since the 1950s, with ships sometimes waiting over a month. Our work over the past six months has nearly eradicated this issue, brightening the future of Tanzanian trade.”
This year also marks the 45th anniversary of Jebel Ali Port and the 40th anniversary of Jebel Ali Free Zone, reflecting DP World’s rapid growth and commitment to trade innovation.
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