Growth was mainly driven by the Asia Pacific and Indian Subcontinent, influenced by growing demand from developing economies, with a 12.1% increase in volumes, bringing the total to 13.3m teu.
However, weaker trade across Europe due to the financial crisis limited growth of the Europe, Middle East and Africa region’s throughput to only 3.2%, to 11.6m teu. The developments marred the flagship port of Jebel Ali’s more promising growth of 7.3%, handling 6.6m teu over the first half of this year.
‘DP World has continued to deliver a robust performance in the first six months of this year. This reflects the benefits of managing a superior global portfolio which is strategically diversified across emerging markets and focused on handling core import and export cargo,’ said Sultan Ahmed Bin Sulayem, DP World group chairman.
‘The global macroeconomic uncertainty seen in the first quarter of the year has continued, and if anything, has increased through the second quarter. Despite this more challenging environment, the majority of our global portfolio continues to show resilience and we remain committed to delivering an improved operational and financial performance over 2011,’ said ceo Mohammed Sharaf.