DP World posts 19pc growth in throughput
Dubai, February 6, 2008
DP World’s UAE region has recorded a 19 per cent growth in throughput in 2007 compared to the previous year. It handled 11 million TEUs (twenty-foot equivalent units) at its terminals during the year.
A substantial increase in throughput has also been recorded at Dubai’s two ports, Jebel Ali and Port Rashid, showing a growth of 20 percent compared with 2006, to reach 10.7 million TEUs. Jebel Ali port operations alone grew by more than 25 percent, with the port handling over 9.9 million TEUs, compared with the volume handled throughout 2006.
Commenting on the impressive growth, Mohammed Al Muallem, senior vice president and managing director, DP World - UAE, said: “The growth we realised in 2007 was due to a number of factors, the most prominent of which was the increase in trade activity, with a corresponding increase in exports, imports and re-exports. Naturally, this resulted in buoyant growth.
“We have seen continued rapid growth in volumes at Jebel Ali since we first established the facility,” he said. “Our determination to meet our customers’ expanding needs has driven us to continuously upgrade our infrastructure, increasing the capacity of the terminal yards and supplying them with modern machinery to efficiently handle our customers’ cargo.
“The opening of the new container terminal (T-2) at DP World Jebel Ali in August last year has contributed to a substantial increase in our handling capacity. The terminal is able to provide the regular, efficient services required by the new generation mega-sized vessels, and this is a competitive differentiator for our flagship terminal,” he added.
Al Muallem said the ambition to expand and determination to provide quality services that drive DP World’s UAE region are an integral part of Dubai's overall vision. - TradeArabia News Service