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 rebranding will introduce ‘DP World Evyap Yarımca’ and ‘DP World Evyap Körfez’ as the new names for these key maritime gateways.
DP World Evyap will help meet the increasing demand for sophisticated logistics in the region, boost Türkiye’s export and import volumes, open up the growth of new sectors and strengthen the country’s growing status as a major hub in international supply chains.
The partnership will produce a combined 2,088 meters 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.
The synergy of DP World’s extensive experience in container handling, customs brokerage, and bonded warehouse services with Evyapport’s expertise in container, liquid bulk, and general cargo operations is poised to offer unparalleled service. This comprehensive suite of solutions, enhanced by cutting-edge digital technologies, positions DP World Evyap as a key player in the region’s sophisticated logistics landscape, promising to boost Türkiye’s export and import volumes and catalyze the growth of new industries.