Abu Dhabi Terminals to manage Mina Zayed port
Announcement follows expiry of five year contract with DP World
The announcement comes following the expiry of a five year management services agreement with DP World.
No decisions have as yet been made regarding operations for the new Khalifa Port and DP World, ADT and its parent Abu Dhabi Port Company (ADPC) continue to co-operate on this project.
“We thank DP World for its support and sharing its expertise and experience with us over the past five years. Our management team will continue to work closely with DP World to ensure a smooth transition,” said Tawfeeq Al Mubarak, chairman, ADT.
“We are committed to improving the capabilities of ADT to better serve our customers and to enhance the capabilities of the company in anticipation of the move to the new Khalifa Port in Q4 2012.”
Mina Zayed (Port Zayed, or Abu Dhabi Port) comprises 21 berths for handling cargo including bulk, ro-ro, (roll on, roll off) project cargo, reefer cargo and petroleum products. It handles about 900,000 tons of cargo a year and was officially inaugurated by His Highness Sh. Zayed in 1972 in his capacity as the President of the UAE.
Port Zayed provides total storage facilities for customers to plan and execute their regional distribution strategies using the storage complex as a base for operation. These facilities are in an area adjacent to the terminal and were developed in the mid 1980's.
“We have worked closely with ADT and ADPC over many years and we will continue to work closely with them into the future,” said Mohammed Al Muallem, senior vice president/ managing director, DP World, UAE.
“Efficient infrastructure supports economic growth and Mina Zayed, and Port Khalifa and its associated industrial park when built, will contribute to the growth of Abu Dhabi and the UAE.
”We are proud of our achievements at Mina Zayed and our success in supporting our colleagues in Abu Dhabi to bring Mina Zayed in line with global standards of operations and service. We wish the team at ADT every success for the future.”
The first phase of the $2.18 billion Khalifa Port will become operational in 2012 to cope with increasing traffic.
The initial capacity of the new port is 2 million TEUs (twenty foot equivalent units) and eight million tonnes general cargo annually, nearly four times more than the current capacity of the largest existing port. It will be built in five phases. Phase one will be ready by the end of 2012.
The operations of the existing Mina Zayed will be shifted to the Khalifa Port in late 2012.