Drewry questions DP World's 2020 target

The Arabian port operator DP World aims to handle 100 million containers in 2020, but the weak global economy makes Drewry question the company's ambitions. The analyst firm recommends a demand-driven approach

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Dubai-based terminal company DP World wants to handle 100 million containers by 2020.

This will require an annual volume growth 3.7 percent or 3.5 million teu in the years from 2016 to 2020, and this seems unrealistic in the current market, writes analyst firm Drewry in an update.

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