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DP World's Q1 cargo volumes increases nearly 10%
2012-05-02 00:45:21

DUBAI, United Arab Emirates, May 2 (GCTL) - Seaport operator DP World says strong business in Asia boosted cargo volumes at its ports nearly 10 percent in the first quarter of the year.

The world's third-largest port operator said Monday it handled the equivalent of 13.8 million standard 20-foot shipping containers between January and March. That is up 9.5 percent from 12.6 million containers during the same period a year earlier.

Dubai-based DP World says the bulk of the gains came from its businesses in the Far East and the Indian subcontinent, which together saw a 14.6 percent jump in trade.

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