DP World achieves a record achievement by handling 100 million TEU

Dubai Ports World Group (DP World) has achieved a historic achievement by exceeding more than 100 million TEU in container handling across its global portfolio since its inception, which is a testament to the strategic investments and infrastructure development that have exceeded 11 billion US dollars over the years. last decade.

Thus, DB World is at the forefront of the global trade scene, allowing it to support its customers in growing their businesses and providing integrated solutions at the supply chain level.

Over the past 10 years, the capacity of the “DB World” group has recorded a growth of 33%, and this development is driven by expansions and new development and acquisition projects. It began the past decade by handling 75.6 million 20-foot TEUs in 2014, and the company continued Its investments in developing infrastructure to meet the requirements of evolving supply chains globally.

The total container handling capacity increased by 5% in the past 12 months, which consolidated the group’s position and enabled it to expand in the field of supply chains. Moreover, this expansion strengthened the group’s share in ports, which reached 9.2% of the global container market, reflecting its commitment to investing in the markets in which it operates, and providing greater capacity for its customers and partners.

A momentous achievement

Commenting on these achievements, Sultan Ahmed bin Sulayem, Chairman of the Board of Directors and CEO of DB World Group, said: “Handling more than 100 million 20-foot TEUs is a very important achievement in our journey that began 45 years ago.” It also reflects our commitment to continue investing to provide world-class ports and infrastructure for logistics services, with the aim of facilitating the flow of commercial traffic. We are confident that the container market will continue to grow in the coming years, and we will support this growth with strengthening Our ability to provide services to him.”

Bin Sulayem added: “With decades of experience in the operations of the world’s most dynamic sectors, we have gained a deep understanding of every aspect of complex global supply chains, allowing us to provide customized solutions while others focus only on overcoming obstacles.”

According to a report issued by supply chain consulting firm Drury, the total size of the container handling market is expected to grow by 2.8% this year. DB World combines infrastructure projects, multi-modal transportation solutions and logistics services to connect companies with their customers, as work is currently underway to establish two entirely new ports in Ndayane, Senegal, and Tuna Takra, India.

Global trade flow

In this context, Tim Meister, CEO of Ports and Terminal Operations at DB World, said: “Reaching such an amazing achievement is important for us, but what is more important is what this number represents in terms of global trade flow and what we have been able to achieve in the future.” Markets we have invested in. Over the past 20 years, we have invested in ports and terminals globally, often in less developed and under-capacity commercial markets, where our social and economic impact has been significant 2024 is our acquisition of the Dar es Salaam facility in Tanzania, which has not seen any development work since the 1950s, with waiting times for ships sometimes extending to more than a month. Over the past six months we have almost eliminated this problem and the future of trade in Tanzania today looks much brighter “

This year marks the anniversary of many achievements, such as the 45th anniversary of the opening of Jebel Ali Port and the 40th anniversary of the establishment of the Jebel Ali Free Zone, which reflects the company’s rapid growth and commitment to innovation in the trade sector.