100 million TEUs - DP World hits new capacity milestone

DP World has crossed 100 million TEUs of container handling capacity across its global portfolio since inception.

"The achievement is a testament to over $11 billion in strategic investments and infrastructure development over the last decade. It puts DP World at the forefront of global trade, allowing the company to support customers as they grow their business and provide end-to-end supply chain solutions," says an official release.

Over the past 10 years, DP World’s capacity has grown 33 percent, driven primarily by expansions and new greenfield developments as well as acquisitions, the release added. Starting with 75.6 million TEUs in 2014, the company has consistently invested in modernising infrastructure to meet the demands of an evolving global supply chain.

“Crossing the 100 million TEU mark is a momentous milestone in our journey, which began 45 years ago," says Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive, DP World. "This achievement reflects our commitment to investing in world-class ports and logistics infrastructure to make trade flow. We are confident that the global container market will continue to grow in the years ahead and we will have the capacity to service it.

"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 customised solutions where others can only see obstacles."

Tiemen Meester, COO, Ports & Terminals, DP World adds: “Reaching such an impressive milestone is significant for us, but it’s what that figure represents in terms of the flow of global trade and what it has enabled in the markets we have invested in that is really exciting.

"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. One of the major highlights of 2024 has been our takeover of the Dar es Salaam facility in Tanzania, which has not been developed since the 1950s, with vessel waiting times of sometimes more than a month. Our work there in the last six months has almost eradicated that issue and the future looks a lot brighter for Tanzanian trade."

This year also marks significant anniversaries, including 45 years of Jebel Ali Port and 40 years of the Jebel Ali Freezone, the release added.