Seaport operator DP World said Tuesday that cargo volumes at its docks rose 10 percent in the third quarter of 2011 as trade accelerated at its emerging markets ports.
The world's third-largest port operator said it handled the equivalent of 14.4 million standard 20-foot shipping containers between July and September. That's up from 13.1 million containers it lifted over the same period last year.
The Dubai-based cargo handler attributed the gains to growth at ports in Asia, Africa, Latin America and its home market in the United Arab Emirates. Recently acquired ports in Suriname and capacity increases at cargo terminals in Peru and China also boosted business, the company said.
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