Middle East

Stronger second half comforts DP World figures

Dubai: DP World handled 55m teu across its global portfolio of container terminals during 2013, with gross container volumes growing by 0.7% on a like-for-like basis. The second half of the year delivered a stronger performance with volumes growing 3.6% on the prior period on a like-for-like basis. On a reported basis gross volumes declined 1.9% mainly due to the monetisation of one of its Hong Kong assets.

Chairman Sultan Ahmed Bin Sulayem commented: “We are pleased to deliver gross like-for-like throughput growth in 2013, despite the challenging macroeconomic backdrop.”  [05/02/14]

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