{"id":34501,"date":"2023-08-29T18:16:18","date_gmt":"2023-08-29T15:16:18","guid":{"rendered":"https:\/\/www.al-sindbad.net\/dp-world-expands-footprint-in-turkey\/34501\/"},"modified":"2023-08-29T18:16:18","modified_gmt":"2023-08-29T15:16:18","slug":"dp-world-expands-footprint-in-turkey","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/dp-world-expands-footprint-in-turkey\/34501\/","title":{"rendered":"DP World expands footprint in Turkey"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>DP World has formed a strategic equity partnership with Turkey\u2019s Evyap Group, under which the Dubai-headquartered terminal operator will take over Evyap Port (Evyapport) in Izmit Bay.<\/p>\n<p>The transaction, subject to regulatory approvals, will see DP World own 58% of Evyap port in exchange for 42% of its Yarimca port container terminal.\u00a0<\/p>\n<p>Established in 2003, Evyapport is Turkey\u2019s fourth largest private port on an area of 265.000 sq m with its 855,000 teu per year container terminal, tank terminal and project-based and general cargo terminal.\u00a0<\/p>\n<p>DP World opened its Yarimca container terminal in 2016. It handles an annual 700,000 teu and has a capacity for 1.15m teu. Earlier this year, Yarimca became the first port in Turkey to integrate remote-controlled electrified cranes into its operations.\u00a0<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>The duo said that the equity partnership is aimed at enhancing and growing trade infrastructure by focusing on improving container port facilities and enhancing efficiencies in the key Marmara gateway market.<\/p>\n<p>\u201cThe collaboration seeks to improve productivity, reduce turnaround times, ensure security, and broaden service offerings, benefiting Turkish trade,\u201d DP World said in a release.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n<div class=\"stream-item-size\" style=\"\">\n\t    <!-- \/91333190\/SPLASH247_*_Splash247_Article_*_Strip_Slot_*_2 --><\/p>\n<div id=\"div-gpt-ad-1_95_0_1_2\">\n<script>\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });\n<\/script>\n<\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"post-bottom-meta post-bottom-tags post-tags-modern\">\n<div class=\"post-bottom-meta-title\"><span class=\"tie-icon-tags\" aria-hidden=\"true\"><\/span> Tags<\/div>\n<p><span class=\"tagcloud\"><a href=\"https:\/\/splash247.com\/tag\/turkey\/\" rel=\"tag\">Turkey<\/a> <a href=\"https:\/\/splash247.com\/tag\/united-arab-emirates\/\" rel=\"tag\">United Arab Emirates<\/a><\/span><\/div>\n<\/p><\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DP World has formed a strategic equity partnership with Turkey\u2019s Evyap Group, under which the Dubai-headquartered terminal operator will take over Evyap Port (Evyapport) in Izmit Bay. The transaction, subject to regulatory approvals, will see DP World own 58% of Evyap port in exchange for 42% of its Yarimca port container terminal.\u00a0 Established in 2003, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":34502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[],"class_list":["post-34501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-port-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/34501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=34501"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/34501\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/34502"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=34501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=34501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=34501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}