MESSAGE FROM OUR CHAIRMAN
NAVIGATING UNCERTAINTY. DELIVERING PROGRESS.
2024 presented significant challenges for global trade, with geopolitical tensions, the emergence of new trading blocs, and disruptions such as the Red Sea closure reshaping supply chain dynamics. Despite these pressures, global trade continued to expand, with merchandise trade volumes increasing by 2.7% and container volumes rising by 6.4%.
At DP World, we navigated these headwinds with agility and resilience, delivering a solid performance while reinforcing our commitment to sustainable and digital trade solutions.
We remain focused on building a robust, efficient, and forward-looking logistics ecosystem that supports our customers, economies, and global supply chains.
any challenge and turn it into an opportunity – and there are no exceptions to this rule
when it comes to the disruptions we are facing today.
“Adapting to a shifting global landscape.”
In 2024, rising protectionist policies and trade barriers added pressure to global trade costs, prompting businesses to reassess their supply chain strategies. To adapt, many businesses are restructuring supply chains through the ‘China +1’ approach, expanding into Vietnam and India while also nearshoring to strengthen resilience and mitigate geopolitical risks.
At DP World, we are actively enabling these transitions through strategic investments in infrastructure, technology, and trade facilitation.
UNLOCKING OPPORTUNITIES AMID DISRUPTION
Despite global challenges, we delivered strong financial performance in 2024, reflecting our focus on operational efficiency and high-margin cargo.
Key strategic investments in Tanzania, Brazil, and Türkiye have reinforced our commitment to strengthening global trade corridors.
“Expanding logistics capabilities.”
Our Logistics division has significantly expanded its capabilities, offering cargo owners a comprehensive suite of end-to-end solutions.
Our strategic investments have scaled our freight forwarding network to over 280 locations, covering nearly all major global trade routes and strengthening our ability to serve a broader client base with seamless, integrated logistics solutions.
We have also expanded into new verticals, including Chemicals and Retail, bringing our total number of focused verticals to eight, covering nearly 50% of global GDP. These additions enhance our ability to provide specialised high-value logistics services that meet the evolving needs of cargo owners across diverse industries.
“As global trade becomes increasingly complex, DP World continues to lead in optimising supply chain efficiency and improving connectivity across emerging trade corridors.”
With a clear focus on building scale, expanding vertical expertise, and delivering tailored supply chain solutions, we are well-positioned for sustained growth and long-term value creation.
EVOLVING FOR A SUSTAINABLE FUTURE
Sustainability and innovation remain central to our strategy. We took bold steps in 2024 to integrate environmental responsibility into our core operations.
“Beyond emissions reduction, we are championing biodiversity and sustainable trade.”
Through our Ocean Strategy, we are leading efforts to de-carbonise maritime transport while advancing our commitment to ocean health and conservation.
STRATEGIC PRIORITIES FOR 2025 AND BEYOND
Looking ahead, our focus remains on delivering long-term, sustainable growth
through three key priorities:
Strengthening Trade Corridors
Expanding partnerships and infrastructure investments to create more diversified, resilient supply chains that empower global markets.
Digitalisation
Leveraging AI, blockchain, and digital transparency to enhance trade efficiency, security, and accessibility.
Decarbonisation
Expanding renewable-powered logistics infrastructure and driving solutions aligned with global climate goals.
“Positioned for long-term value creation.”
“As we move forward, DP World remains committed to delivering innovative, technology-driven solutions that enable businesses to thrive in a complex global trade environment. Our long-term strategy is underpinned by disciplined investment, a customer-centric approach, and a focus on sustainability.
Our success is built on the dedication of our employees, the trust of our customers, and the support of our stakeholders. As we embrace the opportunities ahead, we remain committed to shaping the future of global trade – one that is more connected, sustainable, and resilient. We look forward to another year of progress, collaboration, and shared success. Thank you for being part of our journey. ”
H.E. Sultan Ahmed Bin Sulayem
Group Chairman & Chief Executive Officer