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DP World Handles 71 Million TEU in 2019

Logistic News - Published on Wed, 12 Feb 2020

Image Source: DP World
DP World handled 71.2 million twenty-foot equivalent units across its global portfolio of container terminals in 2019, with gross container volumes flat year-on-year on a reported basis and up +1.0% on a like-for-like basis. Like-for-like gross volumes in 4Q 2019 accelerated to +2.1% with growth driven by Asia Pacific and Africa. Jebel Ali handled 14.1 million TEU in 2019 down 5.6% year-on-year due to a decline in low margin cargo.

At a consolidated level, our terminals handled 39.9 million TEU in 2019, an 8.6% improvement in performance on a reported basis and down 0.5% year-on-year on a like-for-like basis.

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Posted By : Yogender Pancholi on Wed, 12 Feb 2020
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