DP World Limited handled 19.7 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the Q2 2021, with gross container volumes increasing by 17.6 per cent year-on-year on a reported basis and 17.1 per cent on a like-for-like basis. The growth in Q2 was complemented by an acceleration of business in most of its regions, according to the company, especially its terminals in India, Europe, Australia and Americas. Jebel Ali in the UAE handled 3.4 million TEU in 2Q2021, up 4.2 percent year-on-year. On a H1 2021 gross basis, DP World handled 38.6 million TEU, with gross container volumes increasing by 13.9 per cent year-on-year on a reported basis and 13.3 per cent on a like-for-like basis. At a consolidated level, its terminals handled 11.4 million TEU in Q2 2021, increasing 18.2 per cent on a reported basis and up 17.3 per cent on a like-for-like basis.
Growth continued to be broad based with all our regions delivering a robust performance, with India being exceptionally strong. Encouragingly, the recent volume improvement at our flagship port of Jebel Ali continued into Q2 2021 with throughput growth accelerating to 4.2 per cent year-on-year. Looking ahead, the near-term outlook remains positive, but we do expect growth rates to moderate in the second half of 2021. Furthermore, we remain mindful that the Covid-19 pandemic and geopolitical uncertainty could once-again disrupt the global economic recovery. DP World is one of the world’s largest operators of marine ports and inland cargo terminals, stretching from gateways in London and Antwerp to hubs in Africa, Russia, India and the Americas.