DP World, on February 4, celebrated crossing a marquee milestone in its history when its Dubai ports handled the 100 millionth container to pass through DP World, UAE Region terminals in ten years, an achievement that Chairman, Mr Sultan Ahmed Bin Sulayem, said was made possible by the high level of support the company has received from Dubai’s leadership, loyal customers, stakeholders and committed employees, according to Exim News Service.
The 100-million-TEU record was achieved between January 2003 and January 2013 and covers all containers handled in both Mina Rashid and Jebel Ali Port. DP World, UAE Region’s annual container throughput increased more than 150 per cent over the decade, from around five million TEUs in 2003 to 13.3 million TEUs in 2012.
In all, the two container ports have handled 135 million TEUs since the opening of Jebel Ali Port in 1979, around 75 per cent of it since 2003.
Mr Sultan Ahmed Bin Sulayem said: "DP World owes its success to the vision and support of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai. Our flagship facility Jebel Ali is counted among the crown jewels of Dubai’s economy. We remain committed to supporting Dubai’s unparalleled position as the region’s commercial hub. The proud moment of seeing our 100 millionth container was possible because of the support of our loyal customers and employees, both former and present."
Commented Mr Jamal Majid Bin Thaniah, Vice-Chairman of DP World: "DP World's journey to the top ranks of the global marine terminal business is anchored in Dubai’s long seafaring traditions. The past decade is a golden period in our history, during which we supported economic development in Dubai, the UAE and the rest of the GCC. DP World remains committed to continuing its pivotal role as a supply chain catalyst and strengthening Dubai’s position as the region's premier commercial hub."
For Mr Mohammed Sharaf, Group Chief Executive Officer, DP World, "handling 100 million containers in 10 years is a remarkable feat for a port by any measure and we firmly believe it was enabled by decades of hard work and commitment of our employees, including former employees represented by the DP World Alumni Network, who struggled against great odds to build a truly global company. Special thanks go to our customers who have consistently found value in our services and have travelled with us on our journey. Together, they have raised the bar for the coming decade that we hope DP World, UAE Region will strive to exceed."
"DP World has consistently kept pace with the emerging demands of its customers and delivered efficiencies in cost and time. Our ongoing plans to increase capacity by 5 million TEUs to reach 19 million TEUs by 2014 at Jebel Ali is in line with our growth strategy to provide quality services when and where customers need them. Our ability to handle the growth in volumes over the past decade was made possible by the dedication and teamwork of our UAE Region managers and employees. We thank them for it," stressed Mr Mohammed Al Muallem, Senior Vice-President and Managing Director, DP World, UAE Region.
The expansion work currently underway at Jebel Ali includes adding 1 million TEUs in new capacity to Container Terminal 2 (T2) during the first half of this year and the development of a 4-million-TEU capacity mega Container Terminal 3 (T3) by 2014. When the expansion work is complete, Jebel Ali Port will be able to handle ten of the next generation 18,000-TEU mega vessels at the same time—the only port in the region able to do so.