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Thursday, August 2, 2012 DP World throughput up 7.5 percent for H1Global terminal operator DP World reported its total container-handling volume was up 7.5 percent to 28.2 million TEUs for the first half of 2012 over the same period last year. The United Arab Emirates company said in a statement that its container business in the Asia Pacific and Indian Subcontinent "was the main driver of this growth," with a 12.1 percent increase to 13.3 million TEUs. DP World's Americas and Australia region volumes grew 6.1 percent to 3.3 million TEUs "as solid growth in the Americas mitigated a more challenging environment in Australia," the company said. DP World deconsolidated five terminals in Australia in March of last year. The terminal operator's box-handling business in Europe, Middle East and Africa were up a collective 3.2 percent to 11.6 million TEUs. "Weaker trade across Europe masked the stronger performance across the rest of the region including in Jebel Ali, UAE which handled 6.6 million TEUs in the first six months of the year, 7.3 percent ahead of the same period last year," the company said.
More Newswire stories Old Dominion posts strong Q2, H1 Baltimore port handles record tonnage for H1
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