DP World increases its capacity to 100 million TEU

DP World Group has achieved a historic achievement by exceeding its capacity today of more than 100 million standard containers, measuring 20 feet, across its global portfolio since its inception, which is a testament to the strategic investments and infrastructure development that exceeded $11 billion ($40.37). billion dirhams) over the past decade. Thus, DB World is at the forefront of the global trade scene, allowing it to support its customers in developing their businesses and providing integrated solutions at the global level. Supply chains.

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, at a time when 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, which reflects its commitment to investing in the markets in which it operates, and providing greater capacity for its customers and partners.

DB World Group Chairman and CEO, Sultan Ahmed bin Sulayem, said: “Handling more than 100 million 20-foot TEUs is a very important achievement on our journey that began 45 years ago, and it also reflects our commitment to continuing to invest in providing… World-class ports and infrastructure for logistics services, with the aim of facilitating the flow of commercial traffic. We are confident of the continued growth of the container market in the coming years, and we will keep pace with this growth by enhancing our capabilities to provide services to it.”

Bin Sulayem added: “With decades of experience in the operations of the most dynamic sectors in the world, we have gained a deep understanding of every aspect of complex global supply chains, which has allowed 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, and DB World combines infrastructure projects, multimodal transportation solutions, and logistics services to connect companies with their customers, as work is underway. Currently, two completely new ports are being built in “Nadayan” in Senegal and “Tuna Takra” in India.

In this context, CEO of Ports and Terminals Operations at DB World, Tim Meister, 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.” Achieved in the markets in which we invested. Over the past 20 years, we have invested in ports and terminals around the world. These investments often came in less developed commercial markets that did not have sufficient capabilities, where our social and economic impact was significant. One of the most notable achievements in 2024 was our acquisition of the Dar es Salaam facility in Tanzania, which had not witnessed any development work since the 1950s, and where waiting times for ships sometimes extended to more than a month. Over the past six months, we have succeeded in almost eliminating this problem, and the future of trade in Tanzania today looks 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.