JEBEL ALI PORT, The Largest Sustainable Port in Middle East!

Jebel Ali Port is a man-made deep-water port located in Jebel Ali, Dubai, United Arab Emirates. It is one of the largest and busiest ports in the world and serves as a major hub for trade in the Middle East region.

Jebel Ali Port was opened in 1979 and has since grown to become a key player in the global maritime industry. The port features state-of-the-art facilities, including multiple berths for container ships, bulk cargo terminals, ro-ro (roll-on/roll-off) terminals, and specialized terminals for handling automotive and perishable goods.

The port is also home to the Jebel Ali Free Zone (JAFZA), a special economic zone that offers tax-free and duty-free facilities for businesses. This has attracted many international companies to set up their operations in the free zone, making Jebel Ali Port a key hub for trade and commerce in the region.

In addition to its role as a major port, Jebel Ali is also known for its environmental sustainability initiatives, including the use of renewable energy and the implementation of environmentally friendly practices.

Overall, Jebel Ali Port is a critical component of the economic infrastructure of Dubai and the UAE, and continues to play an important role in supporting the growth and development of the region.

DP World handled 20.2 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the second quarter of 2022, with gross container volumes increasing by 2.9% year-on-year on a reported basis and 3.5% on a like-for-like basis according to a?company filing?with the London Stock Exchange.

Volume growth in 2022 was driven by terminals in Asia Pacific, Americas and Australia.?

Jebel Ali (UAE) handled 3.6 million TEU in Q2 2022, up 3.5% year-on-year. On a H1 2022 gross basis, DP World handled 39.5 million TEU, with gross container volumes increasing by 2.3% year-on-year on a reported basis and 2.7% on a like-for-like basis.

At a consolidated level, DP World terminals handled 11.6 million TEU in Q2 2022 up 1.8% both on a reported and on a like-for-like basis.?

On a H1 2022 consolidated level, it handled 22.9 million TEU, with container volumes increasing by 1.6% year-on-year on a reported basis and 1.4% on a like-for-like basis.

Group Chairman and Chief Executive Officer Sultan Ahmed Bin Sulayem commented: "We report another solid set of throughput figures with second quarter volume growth of 3.5%, which is once again ahead of industry growth of 2.6%.?

This robust performance illustrates the resilience of the global container industry, and DP World's continued ability to outperform the market.

Growth was driven by a strong performance across our Asia Pacific, Americas and Australia terminals. Our flagship port of Jebel Ali (UAE) also delivered an improved performance with throughput growth of 3.5% year-on-year.

Looking ahead, the near-term outlook is uncertain given the geopolitical environment, inflationary pressures and continued impact of the pandemic but we remain positive on the medium to long term outlook for global trade.?

Overall, given the solid start to the year, we expect to deliver an improved full performance."