DP World boss sees 'positive signs' despite trade challenges in 2019 - Arabianbusiness

DP World boss sees 'positive signs' despite trade challenges in 2019 - Arabianbusiness:

Dubai-based port operator DP World handled 71.2 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 2019, with gross container volumes up 1 percent on a like-for-like basis.


Like-for-like gross volumes in the fourth quarter of 2019 accelerated by 2.1 percent with growth driven by Asia Pacific and Africa, the company said in a statement. 

It added that Jebel Ali in Dubai handled 14.1 million TEU in 2019, down 5.6 percent year-on-year due to a decline in low margin cargo.

At a consolidated level, DP World terminals handled 39.9 million TEU in 2019, down 0.5 percent year-on-year on a like-for-like basis.