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25/07/2017 - 17:10hs

DP World throughput up 10%

The UAE-based company carried 17.6 million containers in the second half of this year. The ports operator, which owns a terminal in Santos, Brazil, highlighted its performance in the Americas and Europe.

São Paulo – Ports operator DP World, from the United Arab Emirates, saw a 10.4% increase in amount of containers handled worldwide year-on-year in Q2. Throughput increased to 17.6 million TEU (twenty-foot equivalent units) from April through June.

Press Release

Sulayem: pleased with results in Americas, Europe

The numbers were made public this Tuesday (25) by the company. DP World chairman and CEO Sultan Ahmed bin Sulayem said performance was driven by an improved trading environment and market share gains from new shipping alliances.

In the first half, DP World carried 34 million TEU, up 7.7% from H1 2016. The company said in a press release that it outdid consulting firm Drewry Maritime’s 4% forecast for the global industry’s activities this year.

DP World said it witnessed an improvement in international trade and in its terminals across Europe and the Americas. “We are pleased to see our terminals in the Americas and Europe continue to deliver growth,” said Sulayem. DP World owns a stake in Embraport, which in turn owns a container terminal in Santos, Brazil.

The company carried 2.1 million TEU in the Americas and Australia in Q2, up from 1.8 million in Q2 2016, a 16.3% increase. In Europe, the Middle East and Africa, DP World saw 12.4% growth, from 6.6 million to 7.5 million TEU.

*Translated by Gabriel Pomerancblum

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