DP World reports 4.8 % increase in container handling in H1

Global logistics giant DP World, which speacialises in port and terminal management across the globe, has reported modest growth in container handling in the first half of the current year. The company has reported handling 35.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals with gross container volumes growing by 4.8% year-on-year.

 

Group Chairman and Chief Executive Officer, Sultan Ahmed Bin Sulayem, commented:  “ The robust performance across all regions continues to be an affirmation of our strategy to deploy relevant capacity in key markets and operate a diversified portfolio. We are pleased to see our terminals in Europe and Australia continue to deliver growth and still expect to see increased contributions from our new investments in the second half of the year.

Whilst geopolitical headwinds and recent changes in trade policies continue to pose uncertainty to the container market, first half volume performance demonstrates that our portfolio is well positioned to deliver growth. We continue to focus on delivering operational excellence and disciplined investment to remain the port operator of choice as well as strengthening our product offering to play a wider role in the global supply chain as a trade enabler.”

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