DP World sees traffic at its ports lift as world trade rises

first_imgTuesday 25 January 2011 7:18 pm DP World sees traffic at its ports lift as world trade rises whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com DUBAI’S DP World, the world’s third-largest container operator, saw sales rise 14 per cent higher in 2010 compared to the previous year, in a sign that at least parts of the world economy are gathering momentum.DP World, which is 80 per cent owned by Dubai World, the Arab emirate’s debt-laden, government-owned conglomerate, said the strongest gains were in Asia, Australia and America, as well as in new terminals in Peru and China.DP World said 49.6m TEU (twenty-foot equivalent container units) came through its 49 terminals in 28 countries last year. The firm also operates the Southampton and Tilbury ports in the UK. The firm’s chief executive Mohammed Sharaf said: “We remain confident about the long-term outlook for the container terminal industry. Handling 50m TEU across our global portfolio is a major milestone for DP World. It puts our annual throughput for 2010 well ahead of historic peak levels seen in 2008.”DP World also said it is on track to launch a secondary listing of its shares on the London Stock Exchange in the second quarter of this year. Currently about 20 per cent of DP World is listed on the Dubai stock exchange. Sharecenter_img whatsapp Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia KCS-content Tags: NULLlast_img read more