10% increase in Q1 container volumes for DP World

“This growth was driven by an excellent performance in our Asia Pacific and Indian Subcontinent region which reported 14.6% growth in volumes as new capacity across the region supported strong growth across our Asia Pacific portfolio. Growth in Europe, Middle East and Africa region was 4.4% with a good performance in the Middle East and Africa mitigating the ongoing challenging operating environment in Europe. The Americas and Australia region reported growth of 8.7% driven by a very strong performance in the Americas region.

“Our portfolio of consolidated terminals reported container volumes of 6.6m teu. Had our five terminals in Australia not been deconsolidated from the March 12, 2011 underlying growth would have been 5.9% when compared with the same period last year.

“Jebel Ali, UAE has continued to deliver strong volume growth handling 3.2m teu in the first three months of the year, 8.5% ahead of the same period last year.