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East Africa Frontline News

NextFrontier Africa is a media platform spotlighting Africa’s emerging opportunities in technology, tourism, aviation, agriculture, health, logistics, real estate, trade, education, and e-commerce.

February 08.2025

2 Minutes Read

DP World Breaks Records with 88.3 Million TEUs in 2024

DP World container being lifted at a busy port with cranes.

DP World Achieves Record TEU Milestone Despite Challenges

In a remarkable testament to its resilience, DP World has reported handling a record 88.3 million TEUs (Twenty-foot Equivalent Units) in 2024. This figure represents a commendable 8.3 percent increase year-on-year, showing strong performance in the face of mounting macroeconomic challenges and uncertainties in global trade.

Investment Fuels Growth

What’s driving this success? DP World's substantial investment in infrastructure over the past decade has been a key factor. Over $11 billion has been dedicated to enhancing ports and logistics services, significantly improving the company’s terminal operations across its 78 global locations. Sultan Ahmed bin Sulayem, the Group Chairman and CEO, emphasized the importance of these long-term investments, stating that they provide customers with the right services in strategically important locations.

Expanding Capacity and Services

New ports and terminals have played a vital role in achieving this record number. Almost one million TEUs were added through expansions including the DP World-Evyap operations in Turkey, and the Belawan New Container Terminal in Indonesia. These expansions showcase DP World’s commitment to not only increasing capacity but also enhancing service offerings, ensuring customers can effectively navigate the complexities of global supply chains.

Looking Ahead: Confidence in Global Trade

Despite short-term challenges, DP World is optimistic about the future of the container market. As they continue to deepen their end-to-end logistics capabilities, the company’s readiness and capacity to support global trade remains strong. The combination of strategic investments and expansion efforts positions DP World favorably to meet growing demand in the face of a dynamic global landscape.

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DP World Breaks Records with 88.3 Million TEUs in 2024

DP World Achieves Record TEU Milestone Despite Challenges

Investment Fuels Growth

Expanding Capacity and Services

Looking Ahead: Confidence in Global Trade

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