DP World and 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 merger will produce a combined 2,088 metres 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.
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 Group Chairman and CEO Sultan Ahmed bin Sulayem said, “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. We’re delighted to bring enhanced end-to-end solutions to our customers and the many benefits in speed and efficiency of this union.”
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