Abu Dhabi Ports sets annual cargo volume record

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Abu Dhabi Ports sets annual cargo volume record

Abu Dhabi Ports sets annual cargo volume record

(Abu Dhabi) – Abu Dhabi Ports, the master developer, operator and manager of ports and the Khalifa Industrial Zone, KIZAD, in the emirate, set a new annual cargo-volume record in 2015, surpassing the previous record set in 2014.
The company witnessed significant surge in volumes during the year in all major sectors; container cargo, general and bulk cargo, Roll-on-roll-off, RORO, and cruise tourism, and saw increased investments in the Khalifa Industrial Zone.
Khalifa Port Container Terminal, which is operated by Abu Dhabi Terminals, a subsidiary of Abu Dhabi Ports, handled 32 percent more containers. The terminal moved 1,504,293 TEUs (twenty foot equivalent units/containers), up from 1,137,679 TEUs in 2014.
Roll-on-roll-off traffic had a 27 percent upturn with 134,272 vehicles, up from 106,071 vehicles previous year. All roll-on-roll-off operations were transferred to Khalifa Port from Zayed Port in 2015 to meet the rising demand. Better yard and terminal facilities and services at Khalifa Port have contributed to the upsurge in volumes.
General and bulk cargo saw a 20 percent upswing to 15,310,847 million freight tonnes, FT, from 12,804,248 million FT in 2014. The surge in general and bulk cargo volumes across Abu Dhabi Ports indicates rising import and export activities related to industrial and infrastructure development projects in the emirate.
Abu Dhabi’s rapidly expanding cruise industry witnessed 16 percent growth, with 170,360 cruise passengers visiting the emirate in 2015, up from 146,997 liners previous year. The newly opened state-of-the-art Abu Dhabi Cruise Terminal at Zayed Port, a premier cruise hub in the region, is expected to further catalyse this growth.
At Khalifa Industrial Zone, Abu Dhabi Ports saw a total of 21 Standard Musataha Agreements, SMAs, signed this year with national and international investors, and three plot-extension SMAs with existing investors. These projects represent over 1,384,017 million square metres of land leased in 2015. Memoranda of Understanding, MoUs, were signed with the Industrial Development Bureau of Abu Dhabi’s Department of Economic Development, DED, and SACE Group-Italian Export Credit Agency, to further attract investments into the integrated trade and industrial hub of Abu Dhabi. These MoUs explore ways to enhance the services and support offered to customers through collaborated efforts.
(Courtesy WAM)