DP World Rides The Rising Tide of Global Trade Growth — Panjiva
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DP World Rides The Rising Tide of Global Trade Growth

Corp - Ports 881 Global 1389 Mode - Containerized 1470 Mode - Seaborne 1803

Port operator DP World reported third quarter container handling growth of 9% on a like-for-like basis, or 26% when allowing for the first time consolidation of new facilities. There was an acceleration in growth from all three regions for a third month, with Americas and Australia ports growing the quickest. That’s a contrast to the cautious stance taken at the start of the year, but not surprising given recent growth. Ports in 13 countries covered by Panjiva reached 7% in August, with further growth already reported for September. CEO Sultan Ahmed Bin Sulayem is confident enough in con...

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