DP World container volumes surge 7.6% in Q4 2020
DUBAI, February 8, 2021
DP World handled 19.1 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the fourth quarter (Q4) of 2020, with gross container volumes increasing by7.6% year-on-year on a reported basis and up6.5% on a like-for-like basis .
On a FY2020 basis, DP World handled 71.2 million TEU, flat year-on-year and up 0.2% on a like-for-like basis.
Fourth quarter like-for-like gross volume growth was mainly driven by India, Europe, Middle East & Africa and Americas with a strong performance from Mundra (India), London Gateway (UK), Rotterdam (Netherlands), Antwerp Gateway (Belgium) and Sokhna (Egypt). In Americas, growth was driven by DP World Santos (Brazil) and Vancouver (Canada). Jebel Ali (UAE) handled 3.4 million TEU in 4Q2020, up 0.3% year-on-year.