By: Splash247

DP World increased first-half revenue by 13.1% to $12.7bn despite disruption to Middle East trade flows, with growth across its global ports and logistics network offsetting weaker activity at Jebel Ali.

The Dubai-based ports and logistics group reported gross container throughput of 42.8m teu during the first six months of 2026, down 5.7% year on year. However, excluding Jebel Ali, throughput increased 5.4% to 39.7m teu, or 6.5% on a like-for-like basis, with growth across Africa, Asia Pacific, Europe and the Americas.

Jebel Ali remained fully operational throughout the period and sustained no physical damage, although regional conflict temporarily reduced vessel traffic. DP World said it had mitigated the disruption by expanding inland connectivity and using its wider regional network to maintain cargo flows.

The group’s diversified portfolio helped lift revenue despite lower volumes at its flagship UAE hub. Adjusted EBITDA slipped 5.6% to $2.86bn as the disruption weighed on earnings.

DP World invested $1.5bn across its global portfolio during the first half and expects to invest around $3bn during 2026, supporting new capacity and trade infrastructure in markets including the UAE, UK, India, Saudi Arabia and the Democratic Republic of Congo.

Among the planned investments are two new terminals in Fujairah under a 50-year concession, extending the Jebel Ali logistics ecosystem and providing additional flexibility for cargo owners using the UAE as a regional gateway.

DP World said the strength of its global network and integrated logistics business left it well positioned despite continued geopolitical uncertainty.