São Paulo – The Dubai-based port operator DP World reported a growth of 6.1% in volume handled in the Americas and Australia. The data is from a report on this year’s Q1 and the growth seen by these regions is over the same period of 2017.
The report on these regions includes Brazil, where DP World owns a terminal in the Port of Santos. The terminal used to be called Embraport, but at the end of last year was renamed as DP World Santos, after the Arab operator acquired 100% of its capital.
DP World presents its business results in the Americas alongside Australia, and in both places the company handled 2.16 million TEU (twenty-foot equivalent unity) from January to March of this year. In the same period of last year, it handled 2 million TEU in the region.
Globally, the company handled 17.6 million TEU in this year’s Q1, up 7.3% over the same months of 2017. The other two regions where DP World operates, besides the Americas and Australia, also reported a growth in this comparison. One of them includes Asia Pacific and Indian Subcontinent and the other includes Europe, Middle East and Africa.
In a statement, DP World highlighted the growth above the industry average, which saw an increase of 4.6% in 2018’s first three months. “The first quarter witnessed a continuation of the recovery in global trade and all three regions delivered growth, especially out terminals in Europe, Middle East and Africa and Australia,” said the company.
“While the trade environment may appear more benign, geopolitical headwinds in some regions continue to pose uncertainty,” said DP World’s group chairman and CEO Sultan Ahmed Bin Sulayem. But he adds that the company has a well-positioned portfolio to deliver growth.
Translated by Sérgio Kakitani
