DP World’s ports and terminals recorded an all-time high of 88.3 million twenty-foot equivalent units (TEUs) in 2024, marking an 8.3% year-on-year increase despite global economic challenges and trade uncertainties.
The international logistics giant, now equipped to manage over 100 million TEUs across 78 countries, attributed its growth to sustained infrastructure investment and the addition of new services at its terminals, according to a company statement.
DP World stated that its record-breaking performance highlights the resilience of its diverse global operations and its capability to manage supply chain disruptions while ensuring seamless service for its global clientele.
Commenting on this strong growth, Group Chairman and CEO Sultan Ahmed bin Sulayem remarked: “Over the past decade, we have invested over $11 billion in world-class ports and logistics infrastructure to facilitate trade. This milestone affirms that our long-term investments are delivering the right solutions in the right locations for our customers.”
“As we expand our presence across the global supply chain by enhancing our end-to-end logistics capabilities, we remain optimistic about the container market’s growth potential and our ability to support it. Despite short-term headwinds, our outlook on global trade remains positive,” he added.
Among DP World’s operations, the Posorja terminal in Ecuador led in performance, achieving an exceptional 87% surge in volume to nearly 1 million TEUs.
Significant double-digit growth was also recorded at San Antonio in Chile, Yarimca in Türkiye, Chennai in India, Callao in Peru, Antwerp in Belgium, and London Gateway in the UK. Meanwhile, DP World’s flagship Jebel Ali Port saw a 7% increase compared to 2023.
Additionally, newly launched ports and terminals contributed almost 1 million TEUs to the total volume. This includes the DP World-Evyap merger in Türkiye, new operations at Dar Es Salaam Port in Tanzania, and the Belawan New Container Terminal in Indonesia, the company noted.