DP World announce 10% growth

The global economic climate doesn’t seem to be affecting DP World’s growth The global economic climate doesn’t seem to be affecting DP World’s growth
Industry Database

This morning, DP World announced a solid third quarter with gross handling volumes up to 14.4 million teu – 10% up on the same quarter last year.

Mohammed Sharaf, chief executive DP World, told Port Strategy in this morning’s press conference: “We will continue to focus on the emerging market and where our customers want us to be. This is a with a view to achieving our 96 million teu target for gross volume by 2024”.

In the conference, DP World said that they expected the fourth quarter of 2011 to be just as strong for them in terms of company growth. “We expect the same strong trends to continue for us. There are no signs of nervousness reflected by the global economy that we’ve seen thus far", they said.

Gross volumes for the first nine months of 2011 were 40.6 million teu or 11% ahead of 2010. This, they say, is partly driven by strong growth in the Asia Pacific, UAE, Africa and the Americas. Also, due to new volumes from newly acquired Suriname and additional capacity in Callao, Peru and Qingdao, China.


Very first installations by new SFT Spanish office

Our new office in Spain is not even a year old and we already celebrate two successfully completed i... Read more

CM Labs Expands Lineup of Port Training Solutions with ITV Simulator Training Pack

Montreal, QC, June 20, 2018 — At TOC Europe 2018 (Stand D40), CM Labs Simulations, the world leader ... Read more

Training programs further develop steel production facility

ShibataFenderTeam has a new welding supervisor for the steel fabrication at our production facility ... Read more

ShibataFenderTeam continues involvement in Surinam

Since 2012 ShibataFenderTeam fenders support the smooth berthing operations from VABI in Surinam. Read more

Enhanced Hazcheck Restrictions Portal Launched, 1 May 2018

Exis Technologies, with the support of leading shipping and freight insurers, TT Club and UK P&I Clu... Read more

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

View all