DP World 2015 Box Volumes Rise 2.4 pct

Dubai's DP World, one of the world's biggest port operators, on Monday said its 2015 annual gross container volumes rose 2.4 percent on a like-for-like basis and increased 3 percent on a reported basis.

Gross volumes totalled 61.7 million twenty-foot equivalent units (TEU) in 2015, up from 59.9 million TEU in 2014, the company said in a statement.

Annual consolidated volumes, at terminals over which DP World has control, were 29.1 million TEU, up 1.7 percent on a like-for-like basis and 2.7 percent higher on a reported basis.

Like-for-like volumes are prepared to "normalise for divestments and new capacity", DP World added.

 

Reporting by Hadeel Al Sayegh