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DP World and Evyap join forces to create Turkish mega-hub

[ July 19, 2024   //   ]

DP World has united its Yarimca port with Evyap Group’s Evyapport to create a new international logistics hub on the Marmara Sea, about 80km east of Istanbul.

DP World Evyap aims to meet increasing demand for logistics in the region and open up new sectors and advance Türkiye’s growing status as a centre of global trade.

The new hub provides: 2,088 meters of berths and will allow more than one ultra-large container vessel simultaneously at both terminals. There are eight Super Post Panamax STS cranes with remote-control systems, a first in Türkiye and total capacity will be over 2 million TEU a year.

The operation has also been expanded to include project and heavy lift services.

The venture has gained regulatory approval from the Turkish Competition Authority.

DP World has assumed a 58% stake in Evyapport, while Evyap Group secures a 42% share of DP World Yarımca.

Total annual container handling capacity will also exceed 2 million TEUs, and the integrated operation expands to include project and heavy lift cargo services.

DP World group chairman and chief executive, Sultan Ahmed bin Sulayem said: ” Our strategic partnership with Evyapport advances this strategy in Türkiye; one of our most important markets. We’re delighted to bring enhanced end-to-end solutions to our customers and the many benefits in speed and efficiency of this union. We look forward to further developing the services of DP World Evyap.”

Chief executive of DP World Türkiye, Kris Adams, added: “This is an exciting partnership that will bring significant economic benefits to Türkiye and the wider region. DP World Evyap’s combination of the respective strengths of our existing infrastructures will provide our customers with a powerful new service offering at the heart of this increasingly important region for global trade.”

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