On a reported basis gross volumes grew by 3.7%. According to the operator growth in the nine months was largely driven by Europe and UAE terminals. The UAE handled 11.9 million TEU, representing growth of 4%. Their European portfolio continues to be robust despite the difficult market conditions. The Indian subcontinent delivered an improved performance as it benefitted from the recent capacity addition at Nhava Sheva (India). Performance in the Americas has remained challenging due to continued weak economic conditions.
DP Worlds portfolio of consolidated terminals handled 21.9 million TEU during the first nine months of 2015, a 3.2% improvement when compared with the same period last year. On a like-for-like basis, consolidated volumes increased 2.5%.
[1] Like for like gross container volume growth adjusts for new capacity at Nhava Sheva (India), Prince Rupert (Canada) and Rotterdam (Netherlands)
[2] Consolidated terminals are those where they have control as defined under IFRS.
[3] Like for like consolidated volume growth adjusts for new capacity at Nhava Sheva (India) and Prince Rupert (Canada)