DP World: Shipping Back to Pre-Recession Levels
Dubai-based DP World is one of the world's largest marine terminal operators, with 50 terminals and 11 new developments and major expansions across 31 countries. From its latest report:
"Global marine terminal operator DP World announced it handled 13 million TEUs (20-foot equivalent container units) in the third quarter of the year, an increase of 14% against the same period last year, and a 15% increase for the first nine months of the year to 36.7 million against the comparable period last year.
DP World continues to handle container volumes ahead of the levels reported in 2008 reflecting how resilient our portfolio was to the global declines in 2009. Volume growth in the third quarter has been driven by strong growth in the Asia Pacific, Americas and Australia regions as well as a continuation of returning volumes across Europe and a stabilization of volume growth in the UAE."