DP World surpasses 100 million TEUs handled landmark

09:14 - 13 January 2025

Companies Reporter

UAE-headquartered logistics expert DP World, which also has a significant presence in Cyprus, has passed what the company has described as a “momentous” milestone, having surpassed 100 million TEUs of container handling capacity across its global portfolio since its inception.

As disclosed, over the past ten years, DP World has invested over $11 billion in strategic investments and infrastructure developments. Starting with the reported 75.6 million TEUs in 2014, the last decade has seen the the company's capacity growing by around 33%, driven primarily by expansions and new greenfield developments as well as acquisitions.

According to DP World, its global gross container handling capacity also jumped by 5% over the last 12 months.

“Reaching such an impressive milestone is significant for us, but it’s 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,” Tiemen Meester, COO, Ports & Terminals, DP World, recently emphasised, adding that the company has invested in ports and terminals across the world over the last 20 years, particularly in less traditional and underdeveloped trade markets.

“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,” Meester said.

DP World surpasses 100 million TEUs handled landmark

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