Ports merger set to boost Turkish logistics

The merger will bring together Evyapport and DP World Yarimca – two major ports on the Marmara Sea.

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 Yarimca. The ports will be rebranded ‘DP World Evyap Körfez’ and ‘DP World Evyap Yarimca’.

Kris Adams, chief executive of DP World Türkiye, said the partnership would boost the economy of Türkiye and the wider region. “DP World Evyap’s combination of the respective strengths of our existing infrastructures will provide our customers with a powerful new service offering at the heart of this increasingly important region for global trade,” he said.

The merger will produce a combined 2088 metres of berthing space, allowing more than one ultra-large container vessel simultaneously at both terminals.

Total annual container handling capacity will exceed 2 million teu and the integrated operation will also include project and heavy lift cargo services.

DP World Evyap will have access to advanced road and rail links meaning expedited turnaround times.

“This partnership combines the global expertise of DP World and the local knowledge of Evyapport and strengthens our presence in the port sector as we expand our investments in this field,” said Mehmed Evyap, founder and chief executive of Evyap Holding.

“The new company will shorten operation times, increase service diversity and add value to our customers and Türkiye’s trade with efficiencies achieved across the two partnership terminals.”