DP World’s ports and terminals handled 88.3 million twenty-foot equivalent units (TEUs) in 2024, an increase of 8.3% year-on-year despite concerns over global trade.
DP World, which now has the capacity to handle more than 100 million TEU stated that it benefitted from its long-term infrastructure investment, despite the Red Sea crisis that posed a significant challenge to global shipping in 2024 which caused delays and rerouting across major trade corridors.
As stated, the Posorja terminal in Ecuador posted an 87% uplift in volume to nearly 1 million TEUs. Moreover, double-digit growth was seen at San Antonio in Chile, Yarimca in Türkiye, Chennai in India, Callao in Peru, Antwerp in Belgium and London Gateway in the UK.
DP World’s flagship Jebel Ali Port also saw a 7% increase from 2023. At the same time, new ports and terminals added nearly 1 million TEUs to the total volume.
Whatever the short-term challenges, we remain bullish on the outlook for world trade.
…said Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive Officer, DP World.
