DP World volumes up following easing of lockdowns
DP World handled 18.3m teu across its global portfolio of container terminals in the third quarter of the year, representing a 3.1% increase in gross volume as world economies eased lockdown restrictions.
On a like-for-like basis, throughput rose by 1.9%, mainly driven by Europe, Middle East & Africa and Americas with a strong performance from London Gateway (UK), Jeddah (Saudi Arabia), Sokhna (Egypt), Rotterdam (Netherlands) and Antwerp Gateway (Belgium).
In the Americas, growth was driven by Buenos Aires (Argentina), Santiago (Chile) and Vancouver (Canada). Jebel Ali (UAE) handled 3.4m teu in Q3 2020, down 4.2% year-on-year.
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