Stock Groups

DP World posts 9.4% rise in 2021 container volumes -Breaking

by Mike Robinson

[ad_1]

2/2
© Reuters. FILE PHOTO – A general view of a stockyard of DP World’s fully automated Terminal 2 in Jebel Ali Port, Dubai, United Arab Emirates. December 27, 2018. REUTERS/ HamadI Mohamed

2/2

DUBAI, Reuters – Ports giant DP World announced Monday a 9.4% growth in 2021 container volumes. But, the Dubai state company claimed that the slowdown in growth was likely due to COVID-19, inflation, and supply chain problems.

DP World said it handled 77.9 million shipping containers across its portfolio with its Asia Pacific & India, and Americas & Australia regions both recording double digit growth.

Sultan Ahmed bin Sulayem Chairman stated that 2022 had seen an optimistic start and that DP World was expecting the portfolio to continue to grow.

However, he said that global supply disruptions, the continuing pandemic and the rising inflation “could continue their impact on the global economy’s recovery.”

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]