DP World H1 volumes up 16%

Dubai:  DP World, a Dubai-based port operator, reported on Tuesday a 16 percent rise in its volumes across its 50 terminals in the first half of 2010.
DP World handled 23.7m teu during the period.
"These first-half volumes, along with the continuation of cost management, will lead to an improvement in first-half profit after tax against the same period last year," said DP World Chief Executive Officer Mohammed Sharaf.
The company plans to announce first-half results on August 18. [28/07/10]