DP World aims to double capacity

DP World, the Dubai-based container terminal operator, is planning to double worldwide capacity over the next 10 years.

Mohammed Sharaf, chief executive, told the Financial Times that part of those plans would include accelerating the expansion of its home port in Dubai, where rapid growth has led to congestion at its Jebel Ali terminal in Dubai. It had originally planned to open a new terminal in 2013 but would now do so earlier.