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DP World moves into Top Three of global boxport operators

DP World moves into Top Three of global boxport operators

Dubai: DP World has moved up to No.3 in the world container port operator rankings, behind fellow Asian-based groups PSA and HPH, after overtaking APM Terminals in throughput terms at its 49-facility international network.
Ports data contained in Drewry Shipping Consultants' Annual Global Container Terminal Operators 2010 publication put DP World's throughput in 2009 at 31.5m TEU compared to the Netherlands-based company's 31.1m TEU.  Second-placed Hutchison Port Holdings, with 32.2m TEU, is now firmly in DP World's sights, while PSA remains comfortably out front with 45.0m TEU, a 9.5% global market share.
"Dubai's recent success is due mainly to the geographical spread of its portfolio, and in particular the fact that a large proportion of its 2009 volumes were generated in the Middle East, the region least affected by the global downturn," said Neil Davidson, Drewry's senior advisor, ports.  [03/09/10]