Global Expansion and Strategic Investments Drive Growth Amid Red Sea Disruptions
Maritime News Dubai, UAE : DP World, a global leader in port logistics and supply chain solutions, has set a new record in container handling, reporting an 8.3% year-on-year growth in 2024. The company’s ports and terminals managed an impressive 88.3 million twenty-foot equivalent units (TEUs), despite economic uncertainties and major disruptions in global trade routes.
The logistics giant, which operates in 78 countries, now boasts a capacity to handle over 100 million TEUs annually—an achievement fueled by long-term infrastructure investments and expanding trade networks.
Navigating Challenges, Unlocking Opportunities
2024 was a year of volatility in global shipping, with disruptions in the Red Sea corridor causing delays and rerouting of cargo. Yet, DP World’s diverse portfolio and strategic expansions enabled it to navigate these challenges smoothly, ensuring an uninterrupted flow of goods across continents.
“Over the past decade, we have invested over $11 billion in world-class ports and logistics infrastructure,” said Sultan Ahmed bin Sulayem, DP World’s Group Chairman and CEO. “This record performance proves that our long-term vision is delivering real value, helping global trade thrive even in uncertain times.”
Global Expansion Fuels Record Growth
From South America to Europe, Africa, and India, DP World’s footprint has seen significant growth:
- Posorja terminal in Ecuador led the charge with a remarkable 87% increase in volume, nearing 1 million TEUs, thanks to new services by Maersk.
- San Antonio (Chile), Yarimca (Türkiye), Chennai (India), Callao (Peru), Antwerp (Belgium), and London Gateway (UK) all posted double-digit growth.
- Jebel Ali Port (UAE), DP World’s flagship terminal, saw a 7% increase from 2023, further strengthening its position as a global trade hub.
Meanwhile, DP World continued to expand its operations, adding nearly 1 million TEUs through its new ventures in:
- Turkey – DP World-Evyap merger
- Tanzania – New operations at Dar Es Salaam Port
- Indonesia – The launch of Belawan New Container Terminal
A Bullish Outlook for the Future
Despite the macroeconomic headwinds, DP World remains optimistic about sustained growth in global trade.
“As we deepen our reach into the supply chain with advanced logistics capabilities, we are confident in the future of the container market,” Sulayem emphasized.
With record-breaking performance, strategic expansions, and resilient operations, DP World is cementing its place as a trailblazer in global shipping—driving efficiency, connectivity, and innovation across the world’s busiest trade routes.
