Traffic and profits increase for DP World

DP World has released its financial report for 2013, announcing a 3.8% rise in consolidated throughput to 27m teu and like-for-like revenue up 3.6% to just over US$3bn, driven by a 4.6% increase in container revenue per teu.

The Dubai-based terminal operator saw like-for-like profit grow almost 27% over the previous year, resulting in a final profit figure of US$604m.

Group CEO Mohammed Sharaf said the company had reported a set of robust financial results, despite facing many challenges over the last year.