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Posts by DP World increase of 2.6 percent in fourth-quarter shipping volumes

Submitted by Seaweblive on Mon, 02/07/2022 - 18:09
DP World

"As expected, growth rates moderated in the final quarter of 2021 as the new Covid variant [Omicron], inflation and supply chain bottlenecks impacted global growth," Sultan Ahmed bin Sulayem, DP World's chairman and chief executive, said.

"Overall, we are pleased with the business performance in 2021 and remain focused on growing profitability while managing growth capex," Mr bin Sulayem said. "The strong volume performance leaves us well placed to deliver an improved set of full-year results."

"We remain mindful that the Covid-19 pandemic, continued supply chain disruptions, rising inflation and geopolitical uncertainty could continue to hinder the global economic recovery," he said.

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