DP World Q3 container volume rises

27 October 2011 (Last Updated October 27th, 2011 18:30)

DP World has reported a 10% rise in container volume to 14.4Mteu during the third quarter of 2011, compared with the 13.1Mteu it recorded during the same period in 2010.

DP World has reported a 10% rise in container volume to 14.4Mteu during the third quarter of 2011, compared with the 13.1Mteu it recorded during the same period in 2010.

For the first nine months of the year the company has reported gross volumes of 40.6Mteu, an increase of 11% compared with the year-on-year period.

The Dubai-based firm attributed the gains to growth at ports in the Asia Pacific, UAE, Africa and Americas regions, the recent acquisition of ports in Suriname, and capacity increases at cargo terminals in Peru and China.

The company's portfolio of consolidated terminals handled 20.5Mteu in the first nine months of 2011, an increase of 9% compared with the same period in 2010.