DP World and Evyap Group have completed a strategic merger, combining two major ports on the Sea of Marmara to create a new international logistics hub that will strengthen Turkey’s role in global trade.
Following approval from the Turkish Competition Authority, the new entity, called DP World Evyap, comprises DP World’s 58% stake in Evyapport and Evyap Group’s 42% stake in DP World Yarımca. The ports will be renamed DP World Evyap Yarımca and DP World Evyap Körfez.
DP World Evyap will enable Turkey to grow its import and export volumes, develop new sectors and strengthen the country’s status as a key hub for international supply chains. The combined berth length will be 2,088 metres, allowing for the simultaneous handling of ultra-large container vessels. The annual throughput capacity will exceed 2 million TEUs and the integrated operation will include heavy-lift projects. Improved road and rail connections and digital technologies will ensure faster turnaround times for cargo.