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2008 January 21   11:31

DP World's container throughput increases 18% in 2007

Dubai Ports (DP) World of the United Arab Emirates (UAE) announced on Monday that its container throughput in 2007 exceeded 43.3 million TEUs (twenty-foot equivalent container units), up 18 percent over the previous year.
DP World's container throughput in three regions across the world posed a strong growth in 2007, said a statement by the marine operator.
The company recorded an increase of 19 percent in the region of Europe, Africa and the Middle East in 2007, while the growth rates in the Americas and Australia region and the Asia Pacific and Indian sub-continent region hit 18 percent and 17 percent respectively.
"2007 was another excellent year of growth for DP World, with our portfolio continuing to grow ahead of global container trade growth, estimated at 10.8 percent," the company's CEO Mohammed Sharaf said.
DP World, owned by the Dubai government of the UAE, currently owns 43 terminals and 13 new developments in 27 countries. Its capacity stands at 48 million TEUs now and is expected to increase to around 90 million TEUs by 2017 when new terminals are ready.

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