A growth of 10.2% year-on-year
DP World handled 18.9 million containers during the first quarter
The container terminals of "DP World" witnessed a strong start in 2021. From the source
Sultan Bin Sulayem: "This performance exceeds expectations, and confirms the ability of (Dubai Ports) to outperform the market."
picture
Dubai Ports World Group announced yesterday that it handled 18.9 million TEUs measuring 20 feet at the level of its global portfolio of container terminals during the first quarter of this year, with an increase in total container quantities by 10.2% on an annual basis, and by 9.6% on a comparative basis Homeopathy.
The group confirmed in a statement that the first quarter of 2021 witnessed a strong start, as all major regions achieved growth, especially the container terminals of "DP World" in India and Australia.
The group indicated that it is also encouraging that the volume of handling at Jebel Ali Port in Dubai continues to be stable, as the container terminal handled 3.5 million standard 20-foot containers in the first quarter of this year, an increase of 2.6% year-on-year.
“We are happy with the strong start to 2021, as our portfolio achieved a volume growth of 10.2% in the first quarter of 2021, surpassing for the second time the sector’s estimated growth of 8.9%,” said Sultan Ahmed Bin Sulayem, Group CEO and Chairman.
He added, "This performance exceeds expectations, and confirms the resilience of the global container shipping sector and the ability of (DP World) to outperform the market."
Bin Sulayem added, "The growth in the volume of trade is witnessing a remarkable acceleration. Our strategy has allowed us to provide integrated solutions for the supply chain to the beneficial owners of goods to benefit from this recovery."
"It is encouraging that all of our three major regions have achieved strong growth, as India and Australia were among the main engines of this growth, and the main port of Jebel Ali witnessed a growth in handling volume by 2.6%," he said.
Good situation
Sultan Bin Sulayem, Chairman and CEO of DP World, said: “In general, a strong start to this year puts us in a good position to provide improved financial performance in 2021, and with the trading environment looking more moderate, we will continue to focus on cost containment. To increase profitability, manage capital expenditures, and continuously implement our strategy to provide integrated supply chain solutions to the beneficial owners of goods.
• Handling 3.5 million containers at the Jebel Ali Container Terminal.
Follow our latest local and sports news, and the latest political and economic developments via Google news