Dubai: Global marine terminal operator DP World handled 49.6 million TEU (twenty-foot equivalent container units) across its portfolio of 50 operating terminals in 28 countries in 2010, an increase of 14 per cent against the prior year. Like for like volume growth was 10 per cent, the company said in a statement.
Volumes for consolidated terminals grew 9 per cent to 27.8 million in 2010 including 7.3 million TEU handled in the fourth quarter, 12 per cent ahead of the same quarter last year. Like for like volume growth for consolidated terminals for the fourth quarter 2010 was 9 per cent.
The UAE handled 11.6 million TEU in 2010, 4 per cent ahead of 2009 with the fourth quarter delivering growth of 7 per cent, handling over 3 million TEU.
The performance of the region in the second half of 2010 sees a return to peak levels previously seen in 2008 with 6.1 million TEU handled in the six-month period. Non-container volumes in the UAE have shown improvement in second half of the year but remain at slightly lower levels for the full year when compared to the same period last year.
Excluding the contribution from new terminal volumes in Qingdao, China and Callao, Peru both of which became operational in 2010, volume growth was driven by strong performance in Australia, America and Asia Pacific Regions as well as the continuing return of volumes to the European region.
