DP World’s ports and terminals set a new record in 2024, handling 88.3 million TEUs, marking an 8.3% year-on-year increase despite global trade concerns and disruptions in the Red Sea. The global logistics leader’s diversified operations across 78 countries helped it maintain growth even as the Red Sea crisis impacted shipping.
With over $11 billion invested in infrastructure over the last decade, DP World’s long-term strategy paid off, ensuring continued service and capacity for global trade. The company’s network, now capable of handling over 100 million TEUs, saw notable performance in regions such as Latin America, Europe, Africa, Australia, and India.
The Posorja terminal in Ecuador led with an 87% volume increase, while other key terminals in Chile, India, Türkiye, Peru, Belgium, and the UK posted strong gains. New additions, including the DP World-Evyap merger in Turkey and expanded operations in Tanzania and Indonesia, added nearly 1 million TEUs to the total.
Sultan Ahmed bin Sulayem, DP World’s Chairman and CEO, emphasized confidence in future growth, stating the company’s investment in infrastructure and logistics would continue to support the growing container market and trade despite short-term challenges.