DP World has exceeded 100 million TEUs of container handling capacity throughout its global portfolio since its founding.
According to DP World, the achievement is the result of more than $11 billion in strategic investments and infrastructure development over the previous decade.
Over the last 10 years, DP World’s capacity has reportedly increased by 33 per cent, owing mostly to expansions, new greenfield constructions, and acquisitions.
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Starting with 75.6 million TEUs in 2014, the firm has consistently invested in modernising infrastructure to satisfy the demands of an ever-changing global supply chain.
The company’s global gross container handling capacity increased by 5 per cent in the previous 12 months, providing a solid foundation for expanding its reach throughout the supply chain.
The expansion strengthens DP World’s 9.2 per cent share of the global container market.
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Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive of DP World, said: “Crossing the 100 million TEU mark is a momentous milestone in our journey, which began 45 years ago. We are confident that the global container market will continue to grow in the years ahead and we will have the capacity to service it. Through our decades of experience operating in some of the most dynamic markets in the world, we have gained a deep understanding of every aspect of the complex global supply chain.”
Tiemen Meester, COO, Ports & Terminals, DP World, stated: “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.”
In October 2024, DP World and NLC carried over 1,000 containers since the start of the first direct shipping route between Pakistan and Bangladesh.