Tuesday, 27 July 2010

DP World’s global reach: a tonic for home headaches | beyondbrics | FT.com

Both good and not so good news for Dubai today from its global ports operator DP World.

An interim trading update indicates a rise in container volumes of up to 16 per cent at the 50 ports it operates around the world in the first half of 2010, compared with the same period last year. But the story varies at home and abroad.�

DP World, part of troubled government-owned conglomerate Dubai World, saw volumes fall eight per cent last year over 2008, but growth in Asia - especially China and Australia - is leading recovery in the first six months of this year."

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