DP World suffers 1pc volume decline to 14.2 million TEU in third quarter

GLOBAL port operator DP World has posted a one per cent year-on-year decline to 14.2 million TEU handled at its terminals in the third quarter, reports Reuters.

The Dubai company said that consolidated volume through all terminals in which it has a stake fell 0.7 per cent, but it also said that the proceeds from recent divestments would allow it to put money into existing operations.