DP World handled 26.6 million TEU in H1 2013
DP World Limited handled 26 . 6 million TEU (twenty - foot equivalent units) across its global portfolio in the first half of 2013 . Whilst this was 5.8 % lower than the same period last year, when a djus ted for changes across the portfolio, th e decline was 2.1 % on a like for like basis 1 . However, our global portfolio handled more containers in the second quarter than in the first quarter of 2013 . There were lower volumes in the Asia Pacific and Indian Subcontinent region and the Europe, Middle East and Africa region . This was mitigated by a stron ger performance in the Americas and Australia region which increased 2.7% on a like for like basis . In the Asia Pacific and Indian Subcontinent region we continue to focus on handling a smaller number of higher margin containers to improve overall returns . In the Europe, Middle East and Africa region, our European and Middle East businesses continue to operate in a challenging macro environment . Within this region, o ur UAE operations handled 6.5 million TEU in the first half, a relatively flat performance over the same period last year . In line with our overall portfolio, the UAE saw a stronger second quarter in 2013. DP World’s portfolio of consolidated terminals 2 handled 12.8 million TEU during the first half of 2013, a dec line of 5.7 % when compared with the same period last year. On a like for like basis 3 , c onsolidated volumes declined 3.9 %.
