‘Challenging market’ weighs on DP World - FT.com

‘Challenging market’ weighs on DP World - FT.com:

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Dubai’s DP World said on Wednesday that cargo throughput was down 5.8 per cent in the first half of 2013 on lower volumes in Asia, Europe and the Middle East and it expected tough market conditions to continue throughout the year.
The government-controlled ports operator said in a statement that it handled 26.6m 20ft equivalent units (TEUs) in the first six months of 2013, a decline of 2.1 per cent when its divestment of operations in the UK, Australia, Yemen, Russia and Hong Kong are taken into consideration.
DP World has been selling assets to refocus on its strength in emerging markets."

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