DP World's Dubai shipping container volumes fall 6.7% in third quarter | ZAWYA MENA Edition

DP World's Dubai shipping container volumes fall 6.7% in third quarter | ZAWYA MENA Edition:

DP World's shipping container volumes in Dubai fell 6.7 percent in the third quarter, with the port operator warning on Tuesday that the near-term outlook for Dubai's major Jebel Ali Port remained challenging.

DP World operates Dubai's Jebel Ali, a major transhipment port and the largest port in the United Arab Emirates, and the Mina Rashid port.

Dubai government-controlled DP World, one of the world's largest port operators, blamed the fall in cargo volumes on the challenging macro-economic environment and the loss of lower-margin cargo.