Initial data issued by the Dubai Ports Group (DPDDRED) expected to add about 7.3 million stereotypes of the new capacity to handle the container over the past year 2024, in 11 markets within its unified business portfolio.
According to data, “Emirates Today” viewed a copy of it, the absorptive capacity of the Dubai Ports Group, at the level of its global portfolio, was estimated at 102.3 million stereotypes by the end of 2024, compared to about 95 million at the end of 2023.
It is expected that the group’s financial results for 2024, including the details of the new expansions that it conducted through its global portfolio last year, will be announced in the coming days.
Dubai Ports World Group added during the year 2023 about 1.1 million stereotypes of absorptive energy to its global portfolio, indicating the large growth rate recorded by the group in the following year 2024, in the size of its capacity, due to the expansions and investments that it pumped into its business portfolio.
According to the initial data, the new expansions in 2024 included the markets: South Korea (Busan), Indonesia (Bellawan), Senegal (Dakar), India (Kochin), as well as the markets of Tanzania (Dar es Salaam), Egypt (Sokhna), Romania (Constanta), in addition to “London Gitai” and “Vancouver”, and other stations in other markets.
These expansions reinforced the group’s share in the ports, reaching 9.2% of the global container market.
It is noteworthy that the ports and container stations of the Dubai Ports Group (DPDDRID World), during the past year, have crossed 88.3 million stereotypes of 20 feet, an increase of 8.3% on an annual basis, despite the difficult challenges faced by the macroeconomic, and concerns about the prospects for global trade growth.
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