Disclaimer

The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

Focus on emerging markets lifts DP World

Dubai ports operator DP World reported flat profit growth against the backdrop of a “challenging” global economic environment but said its focus on emerging markets would allow it to continue to outperform the rest of the industry.

The world’s third-largest port operator reported net profit of $283m in the first half of 2012, compared with $281m in the same period last year. Revenues reached $1.53bn compared with $1.5bn in the first half of 2011.

More at the Financial Times

Share

Find other news on this topic by clicking on the tags and category key words above.