DP World volume up 6.0% to 35.6 million TEU in H1 2018
DP World Limited handled 35.6 million TEU (twenty - foot equivalent units) across its global portfolio of container terminals in the first half of 2018, with gross container volumes growing by 4.8 % year - on - year on a reported basis and 6.0 % on a like - for - like 1 basis, the company said in its press release.
The first half of 2018 continues to see an upswing in global trade and all three DP World regions delivered growth, particularly terminals in Europe and Australia. The UAE handled 7.7 million TEU in 1H2018, remaining broadly flat (+0.2%) year - on - year. At a consolidated 2 level, terminals handled 18.6 million TEU during the first half of 2018, a 4.0 % improvement in performance on a reported basis and up 4.5 % year - on - year on a like - for - like 3 basis.
About DP World
DP World 4 is a leading enabler of global trade and an in tegral part of the supply chain. DP World has a portfolio of 78 operating marine and inland terminals supported by over 50 related businesses in over 40 countries across six continents with a significant presence in both high - growth and mature markets. In 2017, DP World handled 70.1 million TEU (twenty - foot equivalent units). With its committed pipeline of developments and expansions, the current gross capacity of 88.2 million TEU is expected to rise to more than 100 million TEU by 2020, in line with market demand.