Port Operator handled 77.9mn TEU globally in the year
DP World Limited handled 77.9mn TEU (twenty-foot equivalent units) across its global portfolio of container terminals in full year 2021, with gross container volumes increasing by 9.4% year-on-year on a reported basis and up 8.9% on a like-for-like basis.
On a Q4-2021 basis, DP World handled 19.6mn TEU, up 2.6% year-on-year on a reported basis and up 2.3% on a like-for-like basis.
2021 gross volume growth was broad based with India, Asia Pacific, Middle East & Africa, Europe, Australia and Americas regions being the key growth drivers. At an asset level, Qingdao (China), Mumbai, Mundra, Chennai (India), Sokhna (Egypt), London Gateway (UK), Caucedo (Dominican Republic), Callao (Peru), and Sydney (Australia) delivered a strong performance.
Jebel Ali (UAE) handled 13.7mn TEU in 2021, up 1.9% year-on-year.
At a consolidated level, DP World terminals handled 45.4mn TEU during 2021, increasing 8.8% on a reported basis and 8.1% year-on-year on a like-for-like basis. “We are delighted to report another strong volume performance with growth of 9.4% for the year, which is once again ahead of industry growth of 6.5%. This outperformance is due to our continued investment in high quality assets in the right locations and the delivery of our strategy to offer integrated supply chain solutions to beneficial cargo owners,” remarkedSultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World.