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2015 October 27   10:33

DP World handled 46.5 million TEU in the first nine months of 2015

DP World Limited handled 46.5 million TEU  (twenty - foot equivalent units) across its global portfolio of container termina ls during the  first nine months  of 2015 , with gross  container volumes growing by 3.2 % on a like - for - like 1 basis, the company said in its press release.

On a reported basis gross volumes grew by  3. 7 % . Growth in the  nine months was largely driven by Europe and UAE terminals.  The UAE  handled 11.9 million TEU, representing growth of  4 .0%. 

DP World Europe an portfolio continues  to be  robust  despite the difficult  market conditions.  The Indian subcontinent  delivered an  improved performance  as it benefitted from the  recent  capacity  addition  at Nhava Sheva (India) . Performance in the  Americas  has  remained challenging due to continued weak economic conditions.

DP Worlds portfolio of  consolidated 2 terminals handled 21.9 million TEU during the first  nine months of 2015,  a  3.2 % improvement when compared with the same period last  year. On a  like - for - like 3 basis,  consolidated volumes increased 2.5 % .

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