DP World estimates 10% volume growth

DP World 2017 Sultan Ahmed Bin Sulayem: "We are on course to deliver approximately 10.0% growth in gross volumes for 2017, and look forward to continued growth in 2018"
Industry Database

DP World has stated it is on course to deliver approximately 10% growth in gross volumes for 2017.

The company attributed its growth to growing global trade opportunities, diversifying its business across the supply chain - including with acquisitions, and exploring smart innovation technologies.

DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem, said: “The recovery of global trade in 2017 has been stronger than expected and we are pleased to have outperformed market growth once again. We are on course to deliver approximately 10.0% growth in gross volumes for 2017, and look forward to continued growth in 2018.”

Notable projects include the opening of the expansion at Prince Rupert in Canada, the launch of a new cruise terminal at DP World Limassol in Cyprus, work on a new logistics centre in Kigali (Rwanda) and at a new terminal project in Posorja (Ecuador).

In Asia Pacific, the company saw the consolidation of Pusan (South Korea), while in Africa DP World Berbera port (Somaliland) started operating under a 30-year concession.

In the Americas, DP World took 100% ownership of Embraport in Brazil. Acquisitions also included Dubai Maritime City and Drydocks World.

DP World additionally stepped up container handling productivity at its flagship Jebel Ali Port, by adding 1.5m teu to Container Terminal 3 (T3).

LATEST PRESS RELEASES

Successful participation and presentation at exhibition in Beira, Mozambique

The exhibition series ‘Intermodal Africa’ organized by Transport Events is always a good possibility... Read more

Protectors of Esbjerg's new East Port quay

The German based Headquarters of ShibataFenderTeam recently completed an order for the Port of Esbje... Read more

Aquaplot joins Technology Transfer Programme of European Space Agency

Start-up for ocean route planning enters ESA’s Business Incubation Centre (BIC) Read more

AMRO Increases Scope To Cover The GCC Region

AMRO, a specialist marine equipment and services provider, is proud to announce that they will now c... Read more

SAFE AND SECURE

Ninth Consecutive “Excellent” Coast Guard Security Assessment Awarded to Port of Baltimore Read more

Being part of the most important infrastructure project in Costa Rica

In 2017, the US office of ShibataFenderTeam delivered 55 nos. CSS 1450 Cell Fender Systems (G2.0), 8... Read more

View all