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DP World ups container handling by 8 per cent in 2024

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DP World’s ports and terminals have handled a record 88.3 million TEUs in 2024, an 8.3 per cent increase year-on-year (YoY).

The global logistics company, with a handling capacity of over 100 million TEU across 78 countries, benefitted from long-term infrastructure investment, which contributed to robust growth and the introduction of new services to its terminals.

Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive Officer of DP World, said: “During the last 10 years we have invested more than $11 billion in world-class ports and logistics infrastructure to make trade flow.

“As we continue to expand our reach deeper into the global supply chain by expanding our end-to-end logistics capabilities, we are confident that the container market will continue to grow and that we have the capacity to service it.”

READ: DP World begins $1.2 billion maritime operations in Senegal port

The Posorja terminal in Ecuador, on South America’s west coast, led the way in terms of performance throughout the DP World portfolio, with traffic increasing by an impressive 87 per cent to over 1 million TEUs.

According to DP World, San Antonio in Chile, Yarimca in Turkey, Chennai in India, Callao in Peru, Antwerp in Belgium, and London Gateway in the United Kingdom all had double-digit increases.

DP World’s flagship Jebel Ali Port has also seen a 7 per cent rise since 2023.

At the same time, new ports and terminals contributed roughly 1 million TEUs to the overall volume. This includes the new merger between DP World and Evyap in Turkey, new activities at Dar Es Salaam Port in Tanzania, and the Belawan New Container Terminal in Indonesia.

In January, DP World exceeded 100 million TEUs of container handling capacity throughout its global portfolio since its founding.

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