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Abu Dhabi Ports, MSC to develop new container terminal at Khalifa Port

LBR Staff Writer Published 08 May 2018

Abu Dhabi Ports has collaborated with Swiss transportation and logistics firm MSC Mediterranean Shipping to develop a new container terminal at Khalifa Port in UAE.

Abu Dhabi Ports and MSC Mediterranean Shipping have entered into a 30-year concession agreement to built regional hub for container handling.

MSC will make a total investment of AED4bn ($1bn) for the development of new regional hub.

The company will use the investment to increase the number of ship-to-shore cranes from 12 to 25 in the next two years.

MSC will also increase the depth of the breaths at the Khalifa Port, helping to receive largest shipping vessels specializing in bulk cargo shipment.

The investment will help to increase the capacity of Khalifa Port from 2.5 million TEUs in 2017 to 5.3 million TEUs by 2020.

From July this year, MSC is planning to transfer some of its container handling in the region to Khalifa Port.

UAE State Minister and Abu Dhabi Ports chairman Dr Sultan Ahmed said: “Under the leadership of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, the UAE has made historic strides in both economic and social development, striving to be a leader in the maritime sector, positioning itself on the global economic and trade map.”

MSC Mediterranean Shipping president and CEO Diego Aponte said: “The UAE has a rich history in international trade and after two decades of operating in the country, MSC is pleased to continue to support the growth of the local maritime economy.

“We are confident that with this investment we will continue to ensure a high level of service for our customers and have the capacity to grow the scale of our operations in the UAE.”

MSC, which operates 480 offices across 150 countries, navigates shipping line on more than 200 trade routes through connecting 500 ports.

Image: Abu Dhabi Ports has partnered with MSC Mediterranean Shipping to develop new regional hub for container handling at Khalifa Port. Photo: courtesy of Abu Dhabi Ports.