Dubai – Mubasher: DP World currently ranks among the top five global port operators that control 29% of the world’s trade, a new study by Drewry Maritime Research has revealed.

Signapore’s PSA International, Hong Kong’s Hutchinson Port Holdings, the Netherland’s APM Terminals, the UAE’s DP World and China’s Cosco Group “are the five biggest port operators based on container volume”, the study said, adding that

DP World alone handled 30.6 million standard containers (20 feet) during the first half of 2015 through its global portfolio, registering growth of 4.1% in total handling volume on a like-for-like basis, according to a previous statement.

JP Morgan previously gave the UAE ports operator a “strong” rating, and set its target price at $23.12 per share.