ABU Dhabi (AD) Ports Group, the leading facilitator of global trade, logistics, and industry on Thursday announced its plans to further expand Khalifa Port, one of the fastest growing ports in the world, to include drydock services.
With this expansion, Khalifa Port will further expand its range of port and marine logistics services, from container and cargo handling to vessel repairs and maintenance, to better serve existing clients and attract new ones. The addition of drydock services will enable Khalifa Port to meet the growing demand for these services from regional and international clients.
The announcement was made following the inauguration of the Khalifa Port’s expansion by the UAE President, H H Sheikh Mohamed bin Zayed Al Nahyan, last December, as part of a celebration recognizing the achievements of AD Ports Group on the Khalifa Port’s 10th anniversary, and the 50th anniversary of Zayed Port.
As part of the expansion, which included the development of the port’s South Quay, Khalifa Port Logistics, and Abu Dhabi Terminals at a total investment of $1.09 billion, Khalifa Port has grown from 2.43 sq km to 8.63 sq km, while its quay wall has been significantly extended from 2.3 km to 12.5 km. The Khalifa Port now provides 21 berths and offers a range of bespoke services for key strategic industries, positioning it among the global elite of deep-water ports, with an estimated value of $5.55 billion.
The expansion scheme is set to make a major contribution to AD Port Group’s goal of increasing handling capacity at Khalifa Port by 2030 to 15 million TEUs per year, and general cargo handling capacity to 25 million tonnes.
Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group said that the addition of drydock services is a strategic move aimed at driving growth and enhancing the company’s competitive position in the market.
AD Ports Group’s extensive experience in the port and marine logistics industry, combined with its commitment to innovation and excellence, make it well-positioned to succeed in this new venture, he said.
“We are excited to be expanding our service offering to include drydocks. This expansion is part of our ongoing commitment to provide our clients with the best possible services and solutions to meet their evolving needs, while further enhancing Abu Dhabi’s position as a leading hub for global trade in line with our wise leadership vision,” Captain Al Shamisi added.
Khalifa Port’s expansion into drydocks is just the latest in a series of strategic moves the Group has made to position itself for long-term success. With a strong track record of delivering high-quality services and solutions to its clients, Khalifa Port is poised to continue its impressive growth trajectory.
Inaugurated by the late Sheikh Khalifa on 12 December 2012, Khalifa Port was developed from a stretch of reclaimed land four km out to sea and is now a major hub serving more than 25 container shipping lines with direct links to more than 70 international destinations.
It has been ranked in the top five of the global Container Port Performance Index (CPPI), developed by the World Bank and S&P Global Market Intelligence, and now hosts three of the world’s top four shipping operators, COSCO, MSC and CMA CGM.