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DP world handles +100 million TEU

DP World has handled over 100 million containers worldwide for the first time, marking a significant milestone.

 

Over the last decade, the company has invested more than US$11bn in new developments and expansions, with plans for further growth. Its global container market share is 9.22%, while port terminal capacity has grown by 33% in the past ten years, and by 5% last year alone.

The company continues investing in modernizing its infrastructure to meet global supply chain needs. Sultan Ahmed bin Sulayem, Group Chairman and CEO, believes the container market will grow and that DP World is well-equipped to serve it, leveraging its deep understanding of global supply chains.

Key investments include the acquisition of Tanzania’s Daressalaam facility, improving efficiency after decades of neglect, and expansions in Indonesia, Malaysia, and other markets. Notable projects include a new berth at London Gateway, expanding UK container capacity, and a US$400m investment in Callao, Peru, increasing capacity by 80%.

This article is shared by courtesy of Hansa News Global https://hansa.news/

Hansa.News are dedicated to providing insightful news, analyses, and insights across a wide range of maritime topics, catering to professionals, enthusiasts, and stakeholders alike.

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