DP World handled a total of 16.4 million teu across its global portfolio of container terminals in the first quarter of 2017, growing by 5% year-on-year on a like-for-like basis. This is well ahead of the forecast for the industry as a whole, of 2.6% in this period.
Particularly encouraging was a return to growth at its flagship Jebel Ali terminal in the UAE, where DP World handled 3.7 million teu, 1.8% up on the equivalent months of 2016. Sultan Ahmed bin Sulayem, was upbeat about the results. He said, “UAE volumes have stabilised and as we move through 2017 we expect our new developments in Rotterdam, Nhava Sheva, London Gateway and Yarimca will drive growth in our portfolio.”