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DP Traffic Grew 11 Percent in First Half

DP World said an 11 percent jump in container traffic in the first half of the year will deliver “significant improvement” to the Dubai-based terminal operator’s earnings in the period, which it will release Aug. 25.

Gross volumes at the group’s 49 terminals rose to 26.2 million 20-foot equivalent units from 23.7 million TEUs in the first six months of 2010. The increased handling was driven by strong growth in the Asia/Pacific, United Arab Emirates, Africa and Americas regions, as well as traffic at newly opened terminals in Callao, Peru and Qingdao, China.

From the Journal of Commerce

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