DUBAI, United Arab Emirates (AP) - Dubai's port operator DP World says business rose 14 percent across its global network last year, reflecting a resurgence in trade as the world economy picks up steam.
The world's third-largest seaport operator said Tuesday its ports handled the equivalent of 49.6 million standard 20-foot cargo containers, up from 43.4 million in 2009.
The 2010 gains included the addition of new ports in Vietnam and Peru. Not counting those, DP World says business was up 10 percent.
CEO Mohammed Sharaf says the growth puts the firm on track to report financial results in line with expectations and ahead of last year's figures. He says DP World remains confident about the industry's long-term outlook.