Ports and Terminals

MSC and Abu Dhabi form Joint Venture to Develop Khalifa Port

MSC and Abu Dhabi form Joint Venture to Develop Khalifa Port
Logistics Manager

It was recently announced that the Mediterranean Shipping Company (MSC) has signed a new joint-venture including concession agreements with Abu Dhabi Ports for the continued development of container handling at Khalifa Port.

A subsidiary of MSC, Terminal Investment Ltd was in attendance during the signing ceremony held on the 7th May 2018. The ceremony also highlighted the potential growth of the Abu Dhabi cargo shipping hub, emphasizing on MSC’s continuous support in the development of the United Arab Emirates maritime industry and economy.

MSC has been operating in the United Arab Emirates for over 20 years and this new Joint Venture is seen as a natural and logical progression.

MSC first called to Abu Dhabi’s Mina Zayed Port in 2008, since then cargo volumes have continued to rise. Khalifa Port took over operations in 2012 with MSC BARI, a 14,000 TEU vessel making the inaugural call.

Over the next five years, Khalifa Port is expected to increase volume to more than 8 million TEUs per year, a substantial increase on the current 2.5 million TEUs of cargo a year. The port will receive more ship-to-shore cranes and deeper berths resulting in it becoming one of the fastest-growing and most technologically-advanced ports in the Gulf region.

An investment of AED 4 billion ($1.1 billion) over the coming years will further benefit the port.

More in Ports and Terminals

Autonomous Navigation Tested by the Port of Rotterdam Authority

Autonomous Navigation Tested by the Port of Rotterdam Authority

Logistics ManagerOctober 8, 2018
APM Terminals Turn to Drones to Improve Safety and Operational Efficiency

APM Terminals Turn to Drones to Improve Safety and Operational Efficiency

Logistics ManagerSeptember 19, 2018
DP World Jebel Ali Terminal 1 Receive Six Konecranes Forklift Trucks

DP World Jebel Ali Terminal 1 Receive Six Konecranes Forklift Trucks

Logistics ManagerSeptember 18, 2018

Hutchison Ports Thailand Launches New Website

Logistics ManagerSeptember 3, 2018
CMA CGM Acquires 10% Stake in Belgium’s CSP Zeebrugge Terminal

CMA CGM Acquires 10% Stake in Belgium’s CSP Zeebrugge Terminal

Logistics ManagerAugust 3, 2018
The Georgia Ports Authority Handles Record TEU Volumes

Georgia Ports Authority Handle Record TEU Volumes

Logistics ManagerAugust 1, 2018
Port of Long Beach Records Highest Volumes Ever for June

Port of Long Beach Records Highest Volumes Ever for June

Logistics ManagerJuly 19, 2018
MCC Transport Begins Port Calls at HICT in North Vietnam

MCC Transport Begins Port Calls at HICT in North Vietnam

Logistics ManagerJune 28, 2018
Nippon Express to Operate Largest Distribution Center in the Port of Rotterdam

Nippon Express to Own Largest Distribution Center in the Port of Rotterdam

Logistics ManagerJune 21, 2018
LM is the leading source of logistics and cargo news within ASEAN and is regarded as one of the most authoritative sources of information. Our subscribers keep up to date with the latest logistics news, views, features and events within ASEAN and beyond.
AFL Real Logo

Airfreight Logistics is the air cargo professional’s number one provider of news and information in ASEAN and around the World. To keep abreast of all the latest news and for in-depth features visit our website www.airfreight-logistics.com

UpMedio

Subscribe to our newsletter!

© 2015 Logistics Manager | About Us | Advertise | Subscribe | Contact | thai Thai Version