Dubai – Mubasher: DP World Limited saw a 2.2% year-on-year growth in its gross container volumes during the first nine months of 2016, according to a statement.
The Dubai-based port operator handled 47.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the nine-month period of 2016.
On a like-for-like basis, gross container volumes grew 1%, the statement highlighted.
At a consolidated level, DP World’s terminals handled 21.9 million TEU during the first nine months of 2016, a 0.3% rise on a reported basis and down 2.3% year-on-year on a like-for-like basis.
“While the near-term global trade growth outlook appears soft, we expect our new developments in Rotterdam (Netherlands), Nhava Sheva (India), London Gateway (United Kingdom) and Yarimca (Turkey) to drive growth in our portfolio,” according to DP World Group’s chairman and CEO Sultan Ahmed Bin Sulayem.
