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You are here: Home Archive 2009 July 31 DP World cuts costs to cushion downturn

DP World cuts costs to cushion downturn

by Roger Hailey - Lloyd's List last modified Jul 31, 2009 01:09 PM

DP World chief executive Mohammed Sharaf has described the first six months of 2009 as the “most challenging operating environment our industry has ever known”.

  
DP World cuts costs to cushion downturn

Focus on efficiency: DP World chief executive Mohammed Sharaf

The comments came as DP World reported a 10% fall in consolidated half-year container volumes at its 49 terminals worldwide, which handled 12.3m teu in the six months to June.

DP World measures performance by region, with the Americas and Australia...

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