DP World Achieves 100 Million TEU Capacity Milestone

DP World Achieves 100 Million TEU Capacity Milestone

Post by : Layla Badr

Jan. 7, 2025 5:25 p.m. 904

Photo: Dubai Government Media Office

DP World has reached a major milestone, surpassing 100 million TEUs (Twenty-Foot Equivalent Units) of container handling capacity across its global operations. This achievement is a result of more than $11 billion invested in strategic projects and infrastructure development over the last decade. It highlights DP World’s strong position in global trade, enabling the company to support its customers' growth while providing comprehensive supply chain solutions.

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In the past ten years, DP World’s container capacity has increased by 33%. This growth was driven by new developments, expansions, and acquisitions. When the company started in 2014, it had 75.6 million TEUs in capacity. Since then, it has continued to modernize its infrastructure to meet the changing needs of the global supply chain.

In the past year, the company’s overall container handling capacity grew by 5%, reinforcing its ability to expand and serve customers. This growth solidifies DP World’s 9.2% share of the global container market, showing its commitment to investing in the markets where it operates, and offering more capacity to its partners.
Sultan Ahmed bin Sulayem, the Group Chairman and CEO of DP World said, “Reaching the 100 million TEU milestone is a significant achievement in our journey that began 45 years ago. This reflects our dedication to investing in world-class ports and logistics infrastructure, which help global trade flow smoothly. We are confident the global container market will keep growing, and we will be ready to handle that growth.”

“Over the decades, we have gained valuable experience operating in some of the world’s most dynamic markets. This allows us to provide customized solutions, even in the most challenging global supply chain situations,” he added.

According to the Drewry Container Forecaster, global container traffic is expected to grow by 2.8% this year. DP World is actively involved in making global trade more efficient by combining ports, multimodal transportation, and logistics services. Currently, the company is working on building new ports in Senegal and India at Ndayane and Tuna-Tekre.

Tiemen Meester, Chief Operating Officer for Ports and Terminals at DP World, said, “While reaching this milestone is exciting, what it represents is the growth of global trade and the positive impact we’ve had in the regions where we’ve invested. Over the last 20 years, we’ve focused on developing ports in less traditional markets, and our efforts have made a huge difference in those areas.”

One of the major highlights this year is DP World’s takeover of the Dar es Salaam port in Tanzania, which hadn’t been upgraded since the 1950s. At that time, ships would often have to wait for over a month to unload. Since DP World’s involvement, the situation has greatly improved, and Tanzania’s trade outlook looks much brighter.

This year also marks key anniversaries for the company: 45 years since the opening of Jebel Ali Port and 40 years since the establishment of the Jebel Ali Freezone. These milestones reflect the company’s rapid growth and ongoing commitment to innovation in global trade.

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