DP World handled 26.6 million 20-foot-equivalent units in the first half of 2013, down 5.8 percent compared with the same period last year.
However, DP World did move more containers in the second quarter than in the first quarter of 2013.
“Despite a softer first half when compared with the same period last year, we saw an encouraging uplift in containers handled during the second quarter,” said Mohammed Sharaf, DP World’s group chief executive, in a written statement.
Strong performance in the Americas and Australia region, which increased 2.7 percent year-over-year, was offset by lower volume in the Asia-Pacific and Indian subcontinent region and the Europe, Middle East and Africa region. In the Asia-Pacific and Indian subcontinent region, DP World said, it continued to focus on handling a smaller number of higher margin containers to improve overall returns.
DP World’s consolidated terminals moved 12.8 million TEUs during the first half of the year, declining 5.7 percent from the first half of the previous year. Consolidated volume declined 3.9 percent year-over-year.
“The first half saw important progress in the delivery of three major projects in 2013,” said Ahmed Bin Sulayem, DP World’s chairman. “In June, we welcomed an additional 1 million TEU capacity at our flagship Jebel Ali Terminal. This increased capacity is alleviating current constraints and will support future growth in the region. In the second half of this year, we will deliver developments in Santos, Brazil, and London Gateway.”
“We remain confident about the long-term outlook of our industry and continue to invest to meet the future capacity requirements of our customers,” Bin Sulayem concluded.