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Dubai-based DP World has achieved a key milestone, surpassing 100 million TEU of container handling capacity across its global portfolio. The achievement reflects over US$11 billion in strategic investments and infrastructure development over the last decade.
During the past 10 years, DP World’s capacity has grown 33%, driven primarily by expansion and new greenfield developments, as well as acquisitions. Starting with a capacity of 75.6 million TEU in 2014, the company has steadily invested in expanding and modernising its infrastructure to meet the demands of an evolving global supply chain.
Tiemen Meester, COO, Ports & Terminals, DP World, said: “Reaching such an impressive milestone is significant for us, but it is 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.”
He continues, “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.”
The coming year also marks some significant anniversaries, including 45 years of Jebel Ali Port and 40 years of the Jebel Ali Freezone, DP World points out.
