DP World reports 7.6% gross volume growth in Q4 2020
DUBAI, 8th February, 2021 (WAM) DP World Limited has announced that it handled 19.1 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in Q4 2020, with gross container volumes increasing by 7.6 percent year-on-year on a reported basis and up 6.5% on a like-for-like basis.
On a Fiscal Year (FY) 2020 basis, DP World handled 71.2 million TEU, flat year-on-year and up 0.2 percent on a like-for-like basis, the company said in a statement on Monday.
Q4 2020 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).