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In the second quarter of 2021, DP World Limited handled 19.7 million TEUs (20-foot equivalent units) in its global container terminal portfolio. The total container volume increased by 17.6% year-on-year and 17.1% year-on-year on a similar basis.
Growth accelerated in the second quarter of 2021, with strong performance in all regions, especially our terminals in India, Europe, Australia and the Americas. Jebel Ali (UAE) handled 3.4 million TEUs in the second quarter of 2021, an increase of 4.2% year-on-year. Based on the gross value in the first half of 2021, DP World processed 38.6 million TEUs, and the total reported container volume increased by 13.9% year-on-year and 13.3% year-on-year.
Taken together, our terminal handled 11.4 million TEUs in the second quarter of 2021, an increase of 18.2% on a reported basis and an increase of 17.3% on a similar basis.
Group Chairman and CEO Sultan Ahmed Bin Sulayem commented:
We are very pleased to report strong sales performance again. In the second quarter of 2021, year-on-year growth has accelerated to 17.1% and a year-on-year increase of 7.3%3 Compared with the second quarter of 2019, this highlights the strength of the underlying market. All of our regions have performed strongly, and the basis for growth continues to be broad, with India being particularly strong. Encouragingly, the recent improvement in cargo volumes at our flagship port Jebal Ali (UAE) continued into the second quarter of 2021, and throughput growth accelerated to 4.2% year-on-year.
Looking ahead, the near-term prospects are still optimistic, but we do expect the growth rate to slow in the second half of 2021. In addition, we still notice that the Covid-19 pandemic and geopolitical uncertainty may once again disrupt the global economic recovery.
Overall, we continue to make good progress in our strategy of providing supply chain solutions to beneficiary shippers, and focus on improving profitability while managing growing capital expenditures. The strong start of 2021 will give us the ability to achieve better full-year results, and we will continue to focus on achieving the 2022 target.
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