DP World reports slight 2013 volume growth
DP World handled 55m teu across its global portfolio of container terminals during 2013, the company has announced, with gross container volumes rising by 0.7% on a like-for-like basis.
The second half of the year delivered a stronger performance as volumes grew 3.6%, again on a like-for-like basis. On a reported basis gross volumes declined 1.9% mainly due to the monetisation of one of the company’s Hong Kong assets.
The stronger second-half performance was evident in all three reporting regions (Asia Pacific and Indian Subcontinent; Europe, Middle East and Africa; and Americas and Australia), largely driven by an improved performance in the company’s Asia Pacific, Australia and UAE terminals. Meanwhile Europe continues to show signs of stability.
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