FINANCIAL NEWS

DP World posts 2.4% rise in 2012’s handled container volumes

30 Jan 2013

(MENAFN) DP World’s Chairman, Sultan Ahmed bin Sulayem, stated that in 2012, container volumes handled by the company worldwide rose 2.4 percent from a year before to 56.1 million TEU (twenty-foot equivalent units), reported Emirates 24/7.

Sulayem said that like-for-like gross container volume grew by 3.7 percent from the previous year, adjusted for the divestment of 4 joint venture terminals in 2012.

The chairman attributed the annual growth to enhanced performance from several regions, including the Americas, the Asia Pacific and the Middle East.

In the year, the company’s portfolio of consolidated terminals handled 27.1 million TEU, however, if the 5 terminals in Australia hadn’t been deconsolidated from 12 March 2011, the consolidated terminals would have delivered 0.9 percent rise ahead of the prior year.

He added that like-for-like growth across the consolidated portfolio stood at 0.7 percent.

It is worth noting that in 2012, the UAE region raised the number of containers handed to 13.3 million TEU.

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