DP World’s two UK ports handled a record volume of cargo in 2021 after major investments in capability and capacity. During the 12 month period, DP World’s port-centric logistics hub at London Gateway saw throughput of 1,804,871 TEU, a 15 per cent increase on the previous annual record set last year. At DP World Southampton, Britain’s second largest container terminal, throughput in the 12 month period was 1,871,081 TEU, which contributed to a record combined UK total of 3,675,952 TEU.
DP World, which operates ports, terminals and logistics businesses on six continents, announced last year a further £300m investment in a new fourth berth at London Gateway on top of the ongoing £40m invested at Southampton. Globally, the company reported strong financial results for the six months to 30 June 2021, with EBITDA growing 18.2 per cent year-on-year.
Source: moveitmagazine.com
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