DP World interim throughput dips 10%

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Dubai: DP World has announced it has handled more than 20 million TEU in the first six months of 2009across its 49 terminals. After consolidation, the terminals reported a throughput of 12.3 million TEU, a decline of 10% against the same period last year. This year, DP World has new terminals at Doraleh, Djibouti and two terminals in Algeria, at Algiers and Djen-Djen.
“The first six months of 2009 have seen some of the most challenging operating environments our industry has ever known. Whilst DP World has performed better than the market, the 10% decline in consolidated volumes will lead to an inevitable decline in first half profit before tax against the same period last year,” said Mohammed Sharaf, CEO of DP World.  [03/08/09]