Disposals help port firm DP World

Port operator DP World’s annual profit rose 21 per cent, the Dubai-owned firm said yesterday, bolstered by a $249m (£164m) gain from sale of non-core assets and growth in emerging market operations. The group, which is heading up the London Gateway port project that is due to open later this year, reported $555m in profit attributable to shareholders for 2012, on revenue up five per cent to $3.12bn.