DP World reported revenue of $12.7 billion for the first half of 2026, up 13.1 percent year-on-year, as the strength of its global network helped the company offset significant disruption to trade flows across the Middle East.
How did DP World’s business perform excluding Jebel Ali?
Growth across Logistics, Marine Services and DP World’s international Ports and Terminals portfolio helped offset lower activity at Jebel Ali. Excluding Jebel Ali, container volumes rose 6.5 percent on a like-for-like basis, with growth recorded across Africa, Asia Pacific, Europe and the Americas. Adjusted EBITDA excluding Jebel Ali increased 9.7 percent over the same period.
What is the current status of operations at Jebel Ali?
Jebel Ali remains fully operational with no physical damage, although the regional conflict has temporarily reduced vessel traffic at the port. DP World has implemented mitigation measures across its regional network, including expanded inland connectivity, to support continued movement of critical cargo despite the disruption.
What did DP World’s leadership say about the results?
Group Chairman H.E. Essa Kazim said DP World delivered a strong revenue performance and resilient EBITDA in the first half despite significant Middle East trade disruption, crediting the strength and diversity of the company’s global portfolio and its integrated business model. He said the company is expanding its UAE gateway network with two new terminals in Fujairah, extending the Jebel Ali ecosystem and reinforcing confidence in the UAE’s future as a leading global trade and logistics hub.
Group CEO Yuvraj Narayan said the 6.5 percent rise in container volumes excluding Jebel Ali and 9.7 percent growth in adjusted EBITDA reflect the strength of the company’s global network and its ability to provide cargo owners with efficient end-to-end supply chain solutions, adding that disciplined capital allocation and a strong balance sheet give DP World flexibility to navigate ongoing uncertainty.
What investment plans has DP World outlined for 2026?
The company invested $1.5 billion across its global portfolio during the first half of 2026 and expects to invest approximately $3 billion for the full year, supporting new capacity and trade infrastructure in key growth markets including the UAE, UK, India, Saudi Arabia and the Democratic Republic of Congo. The planned Fujairah terminals will be developed under a 50-year concession, strengthening the resilience and flexibility of the UAE’s trade infrastructure.
What do the headline financial and operational numbers show?
Gross throughput fell 5.7 percent to 42.8 million TEU in H1 2026 from 45.4 million TEU a year earlier, largely reflecting the Jebel Ali disruption. Excluding Jebel Ali, gross throughput rose 5.4 percent to 39.7 million TEU. Adjusted EBITDA declined 5.6 percent to $2.86 billion as reported, though the underlying like-for-like performance outside Jebel Ali remained positive.
What does this mean for DP World’s outlook?
Despite continued near-term uncertainty linked to Middle East trade flows, DP World said it remains positive about the medium to long-term outlook for global trade, supported by its diversified global network and growing integrated logistics business.
