DP World and Turkiye’s Evyap Group have completed a strategic merger, bringing together the strengths of two major ports on the Marmara Sea to create a new international logistics hub that will elevate Türkiye’s pivotal role in global trade.
The completion follows regulatory approval from the Turkish Competition Authority.
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.
The merger will produce a combined 2088m of berthing space and will allow more than one ultra-large container vessel simultaneously at both terminals. Total annual container handling capacity will also exceed 2 million TEUs, and the integrated operation expands to include project and heavy lift cargo services.
Advanced road and rail links
Moreover, DP World Evyap will have access to advanced road and rail links, and expedited turnaround times, powered by a team of over 900 logistics experts dedicated to optimising cargo journeys.
“DP World’s vision is to lead global trade to a stronger, more efficient and sustainable future. Our strategic partnership with Evyapport advances this strategy in Türkiye; one of our most important markets,” affirmed HE Sultan Ahmed Bin Sulayem, Chairman, DP World Group.
“DP World Evyap’s combination of the respective strengths of our existing infrastructures will provide our customers with a powerful new service offering at the heart of this increasingly important region for global trade,” stated Kris Adams, CEO, DP World Türkiye.
“This partnership will shorten operation times, increase service diversity and add value to our customers and Türkiye’s trade with efficiencies achieved across the two partnership terminals,” concluded Mehmed Evyap, Founder and CEO, Evyap Holding.
