DP World handled 71m teu in 2019

DP World handled 71.2m teu across its global portfolio of container terminals in 2019, with gross container volumes flat year-on-year on a reported basis.

On a like-for-like basis, which does not include volumes from Paita (Peru), Doraleh (Djibouti), Puerto Central, Puerto Lirquen (Chile), Posorja, Surabaya (Indonesia) and Tianjin, volumes were up 1%.

Group chairman and chief executive officer Sultan Ahmed Bin Sulayem said: “2019 has been a challenging year with the trade war between China and US and regional geopolitics causing uncertainty in the market. Despite this, our portfolio has delivered growth which once again demonstrates the resilience of our business.”