DP World volumes down 3.9% in the first half of 2020

DP World handled 33.9m teu across its global portfolio of container terminals in the first half of 2020, with gross container volumes decreasing 5.3% year-on-year on a reported basis and down 3.9% on a life-for-like basis.

Its terminals handled 20m teu on a consolidated level during the first half of 2020, increasing 2.4% on a reported basis and down 5.4% on a like-for-like basis.

The consolidation of Australia, Caucedo (Dominic Republic), acquisition of container terminals in Chile and commencement of operations at DP World Posorja (Ecuador) helped boost consolidated volumes.