DP World's global throughput up 16% in first half

Dubai: Global marine terminal operator DP World says it handled 23.7 million TEU (20-foot equivalent container units) across its portfolio of 50 operating terminals, in the first six months of 2010, an increase of 16 per cent against the same period last year.

Volumes in the first half grew seven per cent to 13.2 million TEU, driven mainly by terminals in Asia, which are primarily reported in the financial results as joint ventures and associates.

Terminals in Australia, where volumes are ahead of 2008 levels, and the recovery of some volumes across European ports also contributed, the company said.

In the UAE, volumes of 5.5 million TEU in the first six months are three per cent ahead of the same period last year.