January 21,2018
In 2017, DP World in Jeddah witnessed 53% volume increase. Total handled volume was 1.08 million TEUs against 710,000 TUEs handled in 2016. Further the volume projection in 2018 to close at 1.4mTEUs 30% increase compared to 2017. The Alliance Consortium is key customer for DP World Jeddah where they have fully contributed the volume increase. Jeddah overall market size reaches 4.3m TEUs, DP World market share in 2017 was 25%, and however, DP World market share projection in 2018 will increase to 32% Saudi Arabia has strong and significant economy which strongly motivates us to work closely with local authorities to renew the concession for 30 years ahead.