Summary Box: DP World posts jump in 2011 cargo biz

AP News
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Posted: Jan 31, 2012 2:35 PM
Summary Box: DP World posts jump in 2011 cargo biz

THE NEWS: DP World, the Dubai government-backed port operator, said Tuesday that business at its docks jumped 10 percent last year, helped by growth in emerging markets.

THE DETAILS: The world's third-largest port operator reported lifting the equivalent of 54.7 million standard 20-foot shipping containers last year, up from 49.6 million in 2010.

THE BREAKDOWN: DP World said it enjoyed some of its strongest growth in emerging markets and its core market, the United Arab Emirates, the Arab world's second biggest economy.