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FINANCIAL NEWS
UAE- DP World Q1 gross volumes grow 9.5%
01 May 2012
(MENAFN) DP World chairman, Sultan Ahmed Bin Sulayem, stated that during 2012’s first quarter, the firm recorded a rise of 9.5 percent in gross volumes across its ports, reaching 13.8 million TEU (20-foot equivalent units), reported Arabian Business.
Bin Sulayem added that Asia Pacific and Indian Subcontinent region recorded 14.6 percent growth in volumes, whereas Europe, Middle East and Africa region reported 4.4 percent growth.
He also said that UAE’s Jebel Ali posted an increase of 8.5 percent in handled volumes, which reached 3.2 million TEU, while growth in the Americas and Australia region was at 8.7 percent.
It is worth noting that the Dubai-based port operator posted a surge of 82 percent in 2011’s profit.
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