DP World throughput growth at 11 per cent in the first six months of 2011

Dubai: DP World saw throughput growth of 11 per cent in the first six months of 2011, the company said in a statement on Tuesday.

The Dubai-based ports operator said its gross consolidated volumes for the first half of the year climbed to 26.2 million driven by strong growth in the Asia-Pacific, UAE, Africa and Americas regions, as well as new volumes from recently opened capacity in Peru and China.

The UAE region reported its strongest ever quarter, handling 6.1 million TEU (twenty foot equivalent units) in the first six months of the year including a record 3.1 million TEU during April, May and June.

“As we go into the second half of the year, there is some uncertainty around the global economy making it difficult to forecast how global trade will develop,” said Mohammad Sharaf, DP World’s chief executive officer.

“Whist this uncertainty is not, as yet, reflected across our portfolio, and with our focus on the more resilient emerging markets we still expect to deliver full year results in line with expectations,” Sharaf added.