Dubai: DP World Limited said on Thursday it handled 29.4 million TEU (twenty-foot equivalent units), a measurement for shipping containers, across its portfolio of containers in the first six months of the year.
Gross container volumes grew by 9.3 per cent when adjusted for new capacity at Embraport in Brazil and London Gateway and small test volumes at Rotterdam in the Netherlands.
DP World said first half growth was “largely driven” by improved performances out of the Asia Pacific and Indian Subcontinent, Europe and UAE terminals. The UAE terminals handled 7.4 million TEU, a growth of 14.1 per cent.
Total capacity
“Our flagship Jebel Ali port continues to achieve new records, with 3.8 million TEU handled in the second quarter. We will shortly open an additional 2 million TEU capacity at Terminal 3 with a further 2 million coming on line later in the year. This will take total Jebel Ali capacity to 19 million TEU,
At a consolidated level, the terminals handled 13.9 million TEU in the first sixth month, up 11.2 per cent when adjusted for consolidated volume growth for the monetisation of Hong Kong and new capacity at London Gateway.
“We have seen a return to healthy volume growth in 2014 due to the addition of new capacity and a pick-up in global trade. After a strong first quarter we have continued the positive momentum reporting an even stronger second quarter and overall very solid half year numbers,” stated Sultan Ahmad Bin Sulayem, Chairman of DP World.
