Like-for-like gross volume growth was 10 per cent. “Our portfolio of consolidated terminals handled 13.5 million TEU in the first six months of the year. Had our five terminals in Australia not been deconsolidated from March 12, 2011, the consolidated terminals would have delivered 10 per cent growth ahead of the same six-month period in 2010. Like-for-like consolidated volume growth in the first half was 8 per cent,” it added.
DP World said it has continued to invest in new capacity and its developments in Vallarpadam, India, and Karachi, Pakistan, both opened in the first quarter of the year, are making good progress. “The UAE handled 6.1 million TEU in the first six months of the year, with a record 3.1 million TEU handled during April, May and June. Whilst the first six months delivered a growth of 11 per cent ahead of the same period last year, as we reported in the first quarter, this continues to reflect a relatively weak comparable period in the first half of 2010,” it further said. DP World Chief Executive Officer, Mohamed Sharaf, said it has delivered a very strong performance in the second quarter of the year, resulting in over 26 million containers handled in the first six months of the year.