• DP World posted 88.3 million twenty-foot equivalent units in 2024, an 8.3% increase from the previous year
• The company’s achievement comes despite macroeconomic challenges and concerns over the global trade outlook
• The company credited its decade-long, $11 billion investment in ports and logistics for its strong performance
DP World posted 88.3 million twenty-foot equivalent units (TEUs) in 2024, an 8.3% increase from the previous year.
The company, which now has a handling capacity exceeding 100 million TEUs across 78 countries, attributed its strong performance to sustained “long-term infrastructure investment contributing to strong growth and new services calling at its terminals.”
Despite disruptions caused by the Red Sea crisis, which led to widespread shipping delays and rerouting, DP World’s diversified portfolio ensured continuity of service for its customers worldwide.
“During the last 10 years we have invested more than $11 billion in world-class ports and logistics infrastructure to make trade flow. This record performance is further evidence that our long-term investment is providing the right services for our customers in the right places,” said Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive Officer of DP World, in a statement.
“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. Whatever the short-term challenges, we remain bullish on the outlook for world trade,” he added.
DP World’s Posorja terminal in Ecuador led volume gains, posting an 87% surge to nearly one million TEUs. Other terminals recording double-digit growth included San Antonio in Chile, Yarimca in Türkiye, Chennai in India, Callao in Peru, Antwerp in Belgium, and London Gateway in the UK.
DP World’s flagship Jebel Ali Port also saw a 7% increase from 2023.
DP World’s newly acquired and developed terminals contributed nearly one million TEUs to its total handling capacity. Notable additions included the DP World-Evyap merger in Türkiye, the launch of operations at Dar Es Salaam Port in Tanzania, and the opening of the Belawan New Container Terminal in Indonesia.
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