Despite overall business volume stagnation in 2020, DP World reports an encouraging 7.6 per cent gross container traffic growth in the fourth quarter of the year, as global economies started to recover. In total DP World handled 19.1 million TEU across its global portfolio of container terminals in the final quarter. For the full year the company handled 71.2 million TEU, up 0.2 per cent on a like-for-like basis.
The company highlights particularly strong performances in the fourth quarter of 2020 at its facilities in Mundra, London Gateway, Rotterdam, Antwerp Gateway and Sokhna. Its UAE flagship terminal in Jebel Ali handled 3.4 million TEU in the final three months of the year, up 0.3 percent.
DP World Chairman Sultan Ahmed Bin Sulayem said: “The growth in volumes was encouragingly across all our regions, with India being a key driver, while Jebel Ali saw volumes stabilising. Looking ahead, while 2021 has started encouragingly, the outlook remains uncertain given the continued issues surrounding the pandemic, geopolitical uncertainty in some parts of the world and the ongoing trade war.”