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DUBAI / WAM
DP World Limited handled 34.0 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first half of 2017, with gross container volumes growing by 8.2 percent year-on-year on a reported basis and 7.7 percent on a like-for-like basis, with second quarter growth rates accelerating to 10.7 percent year-on-year on a reported basis and 10.4 percent on a like-for-like basis, ahead of Drewry Maritime’s
upgraded industry estimate of
4 percent throughput growth
in this year.
The first half of 2017 witnessed an improvement in global trade and all three DP World regions saw growth rates accelerate in the second quarter of 2017, particularly our terminals in Europe and the Americas. The UAE handled 7.7 million TEU in 1H2017, growing 4.3 percent year-on-year, implying a Q2 2017 growth of 6.6 percent.