Registering double-digit growth global trade enabler DP World saw its container traffic jump 10.7% in Q2 with market share gains in both Europe and the Americas.
A solid set of first half results for 2017 with attributable earnings of $606 million, and like-for-like earnings growth of 15.8% came on the back of a pick-up in global trade combined with the ramp up in recent investments in Turkey, the UK, the Netherlands and India delivering ahead-of-market volume growth.
The Dubai-based multi-national operates close to eighty marine and inland terminals across forty countries in six continents.
The company recently added the Port of Berbera in Somaliland to its portfolio. DP World is set to invest $422m in a complete overhaul of the port with a view to creating a regional trade hub.
The result of a 2005 merger between Dubai Ports Authority and Dubai Ports International, DP World has established a formidable reputation for operational excellence. A significant part of its success is down to embracing sustainability principles which safeguard the interests of all stakeholders including those of surrounding communities.
With over 36,000 employees, DP World understands that corporate policies directly affect entire communities and can help improve lives. The company is committed to minimising its impact on the environment through the pursuit of efficiencies in the management of natural resources and emissions.
The company maintains a people-first policy that promotes personal development and creates a safe working environment. Innovative in its approach to sustainability, it aims to grow alongside the communities it operates, adding value to economies.
The CFI.co judging panel applauds DP World for its hands-on approach to sustainability. The company proves that caring for the future equals caring for the bottom line and helps the business to develop operations in diverse markets the judges are pleased to name DP World winner of the 2017 Best Long-Term Community Engagement Strategy Global Award.