DP World volumes up 9.0 % in first nine months of 2014
DP World Limited handled 44.8 million TEU (twenty - foot equivalent units) across its global portfolio of container terminals during the first nine months of 2014, with gross container volumes growing by 9.0 % on a like - for - like basis, the company said in its press release. On a reported basis gross container volumes grew by 10.1 % with new volume at London Gateway (UK) and Embraport (Brazil) contributing to the increase. Growth for the nine month period was largely driven by the Asia Pacific and India Subcontinent region , Europe and UAE terminals. The UAE delivered another strong performance handling 11.4 million TEU, representing growth of 12.6 % year - on - year, the company said in its press release.
At a consolidated level, DP World terminals handled 21.0 million TEU during the first nine months of 2014 , a 9.9 % improvement in like - for - like performance. On a reported level, the growth rate of 8.6 % in consolidated volumes reflects the deconsolidation of Hong Kong assets in June last year.