DP World’s subsidiary Unifeeder achieved significant growth in the intra-Mediterranean trade sector in 2024, tripling its market share to 4.3%.
According to global shipping industry analysts, Alphaliner, Unifeeder recorded the highest capacity growth of all carriers in the region, positioning it among the top six operators in the Mediterranean by deployed capacity.
Unifeeder’s fleet in the Mediterranean now includes 20 container ships with a total capacity of 24,000 TEUs, bringing it on par with Chinese shipping giant COSCO SHIPPING Lines in the region. Over the past twelve months, Unifeeder has launched seven new intra-Mediterranean services, adding 10,600 TEU of capacity and increasing its average vessel size to 1,186 TEUs.
Later this month, Unifeeder will expand its services in the Black Sea, further strengthening its regional presence, according to its mother company DP World.
“By expanding our services and fleet, we are meeting the growing demand for intra-regional connectivity and creating long-term value for our customers. These achievements demonstrate the critical role of regional operators in supporting global trade and strengthening supply chains,” commented Ganesh Raj, Global Chief Operating Officer of DP World Marine Services.
The intra-Mediterranean trade sector has seen overall capacity expansion by 9.3% – almost 50,000 TEUs, compared to December 2023. Within this growing market, Unifeeder’s market share has surged from 1.5% to 4.3%, moving it up five places to the sixth spot among the largest operators in the region by deployed capacity.
Martin Gaard, CEO of Unifeeder, stated: “The shipping industry is going through profound shifts, with geopolitical and economic factors driving the need for more agile and responsive supply chain solutions. Our growth in the intra-Mediterranean market and expansion in the Black Sea reflect our strategic focus on meeting these demands. By offering reliable, flexible and efficient regional services, we enable our customers to navigate these complexities, reduce operational complexity, and enhance their market reach.”
Unifeeder in the Mediterranean – Key Statistics
Fleet capacity 24,000 TEUs across 20 container vessels Market share Increased from 1.5% in December 2023 to 4.3% in December 2024 New services Seven launched in 2024 Vessel size Average size 1,186 TEUs
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Unifeeder triples intra-Med market share
