DP World and Evyap Group have completed a strategic merger, combining the strengths of two major ports on the Marmara Sea to create a new international logistics hub that will elevate Türkiye’s pivotal role in global trade.
The completion of the merger follows regulatory approval from the Turkish Competition Authority. The newly formed entity, DP World Evyap, sees DP World assuming a 58 percent stake in Evyapport, while Evyap Group secures a 42 percent share of DP World Yarımca. The rebranding will introduce ‘DP World Evyap Yarımca’ and ‘DP World Evyap Körfez’ as the new names for these key maritime gateways.
Enhancing Türkiye’s trade and logistics capabilities
DP World Evyap will help meet the increasing demand for sophisticated logistics in the region, boost Türkiye’s export and import volumes, open up the growth of new sectors, and strengthen the country’s growing status as a major hub in international supply chains.
Read more: UAE’s DP World completes $400 million investment to expand Peru’s port capacity
Expanded berthing and container handling capacity
The merger will produce a combined 2,088 metres of berthing space, allowing more than one ultra-large container vessel to be accommodated simultaneously at both terminals. Total annual container handling capacity will also exceed 2 million TEUs, and the integrated operation expands to include project and heavy lift cargo services.
Moreover, DP World Evyap will have access to advanced road and rail links and expedited turnaround times, powered by a team of over 900 logistics experts dedicated to optimizing cargo journeys.
Vision for a sustainable future
Sultan Ahmed bin Sulayem, DP World group chairman and CEO, stated that the strategic partnership with Evyapport advances DP World’s vision to lead global trade to a stronger, more efficient and sustainable future in one of their most important markets. Kris Adams, CEO of DP World Türkiye, added that the partnership will bring significant economic benefits to Türkiye and the wider region through the combination of the respective strengths of the existing infrastructures.
Mehmed Evyap, founder and CEO of Evyap Holding, said that the new company will shorten operation times, increase service diversity and add value to customers and Türkiye’s trade through efficiencies achieved across the two partnership terminals.
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