Jebel Ali Port sets monthly container handling record

WAM

DP World's Jebel Ali Port set a new monthly container throughput record in July, handling 1,400,000 TEUs (Twenty-Foot Equivalent Units) and topping its previous high set in 2015.

In the first half of 2024, the port handled 7.3 million TEUs, up 3.9 per cent year-on-year, driven by strong inbound cargo movement, particularly from key Asian markets including China, Japan, and the Republic of Korea.

The expansion of Jafza has been a key driver in busier container traffic through Jebel Ali Port, which now hosts nearly 10,500 companies.

Jebel Ali’s growth is part of DP World's broader success globally, with total consolidated throughput for the group reaching 42,580,000 TEUs, up 6.8 per cent, compared to the same period in 2023.

The UAE's proactive efforts to strengthen bilateral trade through Comprehensive Economic Partnership Agreements (CEPAs) have contributed to increasing bilateral trade volumes, thanks to reduced tariffs, enhanced market access, and strengthened trade ties with global partners.

Recent trade agreements with Chile, Mauritius, Colombia, and Korea are expected to boost container traffic through Jebel Ali Port further.

More from Business News

  • UK's Jaguar Land Rover to halt US shipments over tariffs

    Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.

  • US starts collecting Trump's new 10% tariff

    U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.

  • Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

    The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.

  • Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

    UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).

On Virgin Radio today

  • Non Stop Hits

    Midnight - 8:00am

    The UAE's #1 Hit Music Station with no interruptions

  • Avery

    8:00am - 11:00am

    Keeping things chill to start Sunday

Trending on Virgin Radio