Cargo Breaking News
DP World and Turkish Evyap Group completed a strategic merger that will combine two major ports on the Marmara Sea and create a new international logistics hub. The port merger will enhance Türkiye’s critical role in global trade, the two companies said in a joint statement after receiving regulatory approval from the Turkish Competition Authority (RK). The newly formed entity, DP World Evyap, sees DP World assuming a 58% stake in Evyapport, while Evyap Group secures a 42% share of DP World Yarımca. The rebranding will introduce “DP World Evyap Yarımca” and “DP World Evyap Körfez” as the new names for these key maritime gateways. “DP World Evyap will help meet the increasing demand for sophisticated logistics in the region, boost Türkiye’s export and import volumes, open up the growth of new sectors and strengthen the country’s growing status as a major hub in international supply chains,” the statement read. The combined entity will offer 2,088 meters (6,850 feet) of berthing space, accommodating more than one ultra-large container vessel at each terminal simultaneously. The total annual container handling capacity will exceed 2 million TEUs. The integrated operation will also handle project and heavy-lift cargo services.
DP World Evyap will benefit from advanced road and rail connections and expedited turnaround times, supported by over 900 logistics experts dedicated to optimizing cargo movements.
