Infographic: DP World Hits 70 Million TEU for 2017


DP World handled 70.1 million TEU across its global portfolio of container terminals in the full year of 2017.

The Dubai-based port operator has recorded gross container volumes growing by 10.1% year-on-year, ahead of Drewry Maritime’s global container throughput growth estimate of 6.0% for 2017.

In the fourth quarter, the global portfolio grew 10.3% year-on-year with consistent performance across all three DP World regions and particularly strong contributions from its terminals in Europe, Americas and Middle East & Africa.

The UAE handled 15.4 million TEU in 2017 up by 4.0% year-on-year.

At a consolidated level, DP World’s terminals handled 36.5 million TEU in 2017, a 24.7% improvement in performance.

Reported consolidated volume in the Asia Pacific and Indian Subcontinent region was boosted by the consolidation of Pusan, South Korea, in December 2016.

Read Port Technology's technical paper on DP World's Jebel Ali Container Terminal 3

DP World recently released a year in review video for 2017 that highlights its important developments.

Group Chairman and Chief Executive Officer Sultan Ahmed Bin Sulayem commented: “Benefitting from the improved trading environment and market share gains, our global portfolio once again delivered ahead-of-market growth in 2017 and has seen strong performance across all three regions.

“Over the years, we have deployed the relevant deep-water capacity in key markets, focusing on a diversified portfolio which continues to benefit from the recovery in global trade.

“We are also pleased to see stable performance in the UAE as volumes continue to grow in the fourth quarter of 2017 amidst uncertainty in the region and tougher year-over-year comparables.

“The performance across our other terminals in the Middle East & Africa remains strong in addition to Europe and the Americas.

“As we look ahead into 2018, we expect to continue to grow ahead of the market and see increased contributions from our new developments.

“We continue to seek opportunities in complementary sectors in the global supply chain and will maintain capital expenditure discipline by bringing on capacity in line with demand.

“Given the strong volume performance of our portfolio, we are well placed to meet full year 2017 market expectations.”

Read more: DP World will use Oracle software to create intelligent logistics through artificial intelligence (AI), machine learning, Internet of Things (IoT) and blockchain

Daily Email Newsletter

Sign up to our daily email newsletter to receive the latest news from Port Technology International.

Supplier Directory

Be listed with industry leaders operating within Ports and Terminals

Webinar Series

Join 500+ attendees on average with a Port Technology International webinar

Latest Stories

Cookie Policy. This website uses cookies to ensure you get the best experience on our website.