News / DP World gains ground as H1 investments and acquisitions bear fruit

DP World has continued to gain ground on its competitors, announcing growth in revenues, earnings and volumes over the six months to June.

Revenues for the Dubai-based port operator climbed 9.6%, year on year, to $2.3bn, thanks in large part to a 7.7% increase in volumes (up to 34m teu).

All three of the terminal operator’s regions saw an increased rate of volume growth in the second quarter, putting it well beyond Drewry Maritime’s 4% first-half growth predictions.

In noting the “ahead-of-market” growth, group ...