DP World crosses 20 million box mark in 2022 second quarter


DP World Limited handled 20.2 million TEU across its global portfolio of container terminals in the second quarter of 2022.

Gross container volumes increased by 2.9 per cent year-on-year on a reported basis and 3.5 per cent on a like-for-like basis.

Volume growth in 2Q22 was driven by terminals in Asia Pacific, Americas and Australia.

Jebel Ali (UAE) handled 3.6 million TEU in 2Q 2022, up 3.5 per cent year-on-year.

On a 1H 2022 gross basis, DP World handled 39.5 million TEU, with gross container volumes increasing by 2.3 per cent year-on-year on a reported basis and 2.7 per cent on a like-for-like basis.

Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer of DP World, said: “We report another solid set of throughput figures with second quarter volume growth of 3.5 per cent, which is once again ahead of industry growth.

“This robust performance illustrates the resilience of the global container industry, and DP World’s continued ability to outperform the market.  

“Looking ahead, the near-term outlook is uncertain given the geopolitical environment, inflationary pressures and continued impact of the pandemic, but we remain positive on the medium to long term outlook for global trade. Overall, given the solid start to the year, we expect to deliver an improved full performance”.

Today DP World announced it has handled more than one million TEU in six months at London Gateway for the first time.

Earlier this month DP World’s Imperial obtained final approval to acquire 100 per cent of the J&J Group, as the firm furthers its African footprint.

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