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Dubai-based global ports operator DP World Limited handled 29.4 million teu across its global portfolio of container terminals during the first half of 2014, with gross container volumes growing by 9.3% on a like-for-like basis. On a total reported basis, gross volumes grew by 10.7%, with volumes at the newly opened London Gateway, UK, and Embraport, Brazil, terminal contributing to the increase.
Growth over the first six months of this year was largely driven by improved levels of activity at from in the Asia Pacific, Indian Subcontinent, Europe and the UAE. In particular its UAE business, centered around Jebel Ali, delivered another strong performance, with a six-month throughput of 7.4 million teu representing growth of 14.1% compared with the first half of 2013.
DP World group Chief Executive, Mohammed Sharaf, commented: “Our impressive performance in the first half of 2014 shows we have the right capacity in the right locations. The market is forecast to grow at approximately 5% in 2014, and we remain confident in our ability to outperform it.”
Jebel Ali port continues to set new records, and a new high of 3.8 million teu was handled in the second quarter this year. DP World will shortly open an additional 2 million teu capacity facility at Terminal 3, with a further 2 million teu tranche of capacity coming on line later in the year. This will take Jebel Ali’s total annual throughput capacity to 19 million teu, ensuring that the port remains well placed to handle future capacity demands in Dubai.
