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COUNTRIES
TERMINALS
Regional Overview ( Middle East, Europe and Africa):
In 2017, the market conditions in the Middle East, Europe and
Africa (EMEA) region improved as the container volumes at Jebel
Ali port (UAE) continue to recover. Consolidated container
throughput in the EMEA region grew by 7.6% year-on-year to
22.9 million TEU driven by strong performance in Europe and
recovery in the UAE. Overall, revenue in the region grew 6.9%
to $3,284 million on a reported basis, benefitting from container
volume growth but also aided by the performance of Jebel Ali
Free Zone as non-containerized revenue grew 7.1%. Adjusted
EBITDA was $1,918 million, up 7.1% compared to 2016, benefitting
from the improved trading environment in the UAE and
the new services at London Gateway.
In 2017, DP World invested $836 million of capital
expenditure in the region, which was mainly focused
on the capacity expansions at Jebel Ali port (UAE),
Jebel Ali Free Zone (UAE) and London Gateway (UK).
Jebel Ali port has been voted “Best Seaport in the
Middle East” for 21 consecutive years and is ranked
the 10th largest container port worldwide. It has the
world’s largest man-made harbour.
Continued investment in high quality long-term assets to
drive long-term profitable growth
• In 2017, gross global capacity was at 88 million TEU and is
expected to grow to over 100 million TEU of gross capacity by
2020, subject to market demand
• Capital expenditure in 2018 is expected to be up to $1.4 billion
with investment planned mainly into UAE, Posorja (Ecuador),
Berbera (Somaliland), Pusan (South Korea), Maputo (Mozambique)
and Sokhna (Egypt)
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