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Home Sector Industry DP World’s Jebel Ali sets new record with 1.4 million TEUs in July 2024

DP World’s Jebel Ali sets new record with 1.4 million TEUs in July 2024

In H1 2024, the port handled 7.3 million TEUs, a 3.9 percent YoY increase
DP World’s Jebel Ali sets new record with 1.4 million TEUs in July 2024
Recent areements with Chile, Mauritius, Colombia, and South Korea will boost container traffic at Jebel Ali Port. (Photo Credit: WAM)

DP World‘s Jebel Ali Port achieved a milestone in July by setting a new monthly container throughput record, processing 1,400,000 TEUs (Twenty-Foot Equivalent Units), surpassing its previous record from 2015. 

This achievement follows a robust performance in the first half of 2024, during which the port managed 7.3 million TEUs, reflecting a 3.9 percent increase year-on-year, WAM reported. This growth is largely attributed to strong inbound cargo flows, particularly from major Asian markets such as China, Japan, and South Korea. 

The ongoing expansion of Jafza is also crucial in enhancing container traffic at Jebel Ali Port. With nearly 10,500 companies now operating within Jafza, it continues to attract prominent international firms, thereby boosting trade volumes and contributing to economic diversification.

Read more: UAE’s DP World sets ambitious emission cuts goals, commits to net-zero by 2050 with SBTi approval

Jebel Ali’s expansion is part of DP World’s overall success on a global scale, with the group’s total consolidated throughput reaching 42,580,000 TEUs, a 6.8 percent increase compared to the same period in 2023. 

The UAE’s strategic initiatives to strengthen bilateral trade through Comprehensive Economic Partnership Agreements (CEPAs) have played a significant role in increasing trade volumes, thanks to lowered tariffs, improved market access, and reinforced trade relationships with global partners. Recent agreements with Chile, Mauritius, Colombia, and South Korea are expected to significantly boost container traffic at Jebel Ali Port.

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