The global trade enabler currently manages approximately 9% of the world’s handling capacity, putting it among the top five global port operators. The expansions will take its total gross capacity to 93.6 million TEUs, helping meet growing demand in key trade markets.
Drewry forecast global container throughput will grow to 932 million TEUs by 2025, up from 858 million TEUs in 2021. The firm’s capacity expansion plans come at a vital time with inflation, increased cost of living and geopolitical uncertainties causing concern about global trade and fuelling demand for faster, more resilient supply chain solutions.
Alongside the physical expansion, the projects also focus on digitalisation — implementing new technology and modern Terminal Operating Systems, which will further increase capacity by automating and streamlining operations within each port, thereby enabling greater flow of trade and more efficient processes for customers.
DP World is also set to commence operations at Indonesia’s 600,000 TEUs Belawan New Container Terminal (BNCT) in North Sumatra by the end of the year. DP World will work to increase BNCT’s capacity to 1.4 million TEUs and attract more direct calls, reducing reliance on regional hub ports, and strengthening its position as a major trade and logistics gateway in the Malacca Strait, a major shipping route.
