DP World reports 5% rise in UK volumes

DP World saw a 5% rise in the volume of trade handled by its two hubs in the UK last year, aided by an expanding supply chain.

London Gateway alone reported a 14% rise in volumes to 2,053,000 TEU – the first time it has ever exceeded two million units in a year, which DP World said consolidated its position as Britain’s second biggest container terminal.

Together with Southampton, the two terminals handled a record 3,850,000 TEU compared with 3,675,000 in 2021.

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Ernst Schulze, UK chief executive of DP World, said: “We help trade flow across the globe and this outstanding performance shows our ability to deliver on our commitment to boost growth, support businesses, create jobs and improve living standards in the UK.”

“Within a decade, London Gateway is likely to be handling up to 30% of the country's containerised trade. Its port-centric logistics park will be one of the largest in Europe, employing 12,000 people and underpinned by investment in a second rail terminal and a new fourth berth.”

“At Southampton, we are investing to future-proof the port by improving its infrastructure and introducing warehousing facilities for our customers. We are committed to expanding its capacity as well as making it one of Britain’s most sustainable ports.”