DP World and Evyap Group have completed a strategic merger, combining two major port infrastructures in Türkiye. Approved by the Turkish Competition Authority, this merger establishes DP World Evyap.
DP World holds a 58% stake in Evyapport in the new entity, with Evyap Group retaining 42% ownership of DP World Yarımca. Rebranded as "DP World Evyap Yarımca" and "DP World Evyap Körfez," the two terminals will offer a combined 2,088 meters of quay length, accommodating multiple large container ships simultaneously. The annual container handling capacity is set to exceed 2 million twenty-foot equivalent units (TEUs), with services expanding to include integrated project and heavy cargo transportation.
Aiming to meet the increasing and diversifying logistics demands in the region, DP World Evyap will strengthen Türkiye's growing role in international supply chains. With enhanced road and rail connections and the support of over 900 specialized staff, DP World Evyap promises faster and more efficient service to its customers.
DP World Chairman Sultan Ahmed Bin Sulayem stated, "DP World's vision is to drive global trade towards a stronger, more efficient, and sustainable future. Our strategic partnership with Evyapport in Türkiye, one of our key markets, is a testament to this vision. We are excited to offer end-to-end solutions to our customers and look forward to sharing the numerous benefits this merger brings in terms of speed and efficiency."
Commenting on the merger, DP World Türkiye CEO Kris Adams said "This exciting partnership will bring significant economic benefits to Türkiye and the region. By combining the robust infrastructures of both entities under DP World Evyap, we will provide a strong and innovative service in this increasingly vital area."
Evyap Holding CEO Mehmed Evyap, expressed his enthusiasm: "We are delighted to merge DP World's global expertise with Evyapport's local strength. This partnership will enhance our investments in the port sector and strengthen our presence. The new company will shorten operation times, enrich service diversity, and add value to our customers and Türkiye's trade with the increased efficiency of both terminals."