Receive our newsletter – data, insights and analysis delivered to you
April 28, 2010

DP World Q1 Container Volumes Rise

DP World, a unit of debt-laden conglomerate Dubai World, has reported a 15% increase in Q1 gross container volumes to 11.2 million teu. The company, which operates 49 terminals worldwide, attributed the growth to its marine operations in Australia and the Asia Pacific region. Last

By cms admin

DP World, a unit of debt-laden conglomerate Dubai World, has reported a 15% increase in Q1 gross container volumes to 11.2 million teu.

The company, which operates 49 terminals worldwide, attributed the growth to its marine operations in Australia and the Asia Pacific region.

Last month, DP World reported a 46% drop in 2009 profits.

In 2009 the company’s consolidated throughput declined by 8%, handling 25.6 million teu.

Total revenues for 2009 fell 14% to $2.8bn on pricing pressure and volume decline.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU