Abu Dhabi group to boost Fujairah Port operations
Master developer Abu Dhabi Ports has signed a 35-year concession agreement to develop, manage and operate the port of Fujairah
Master developer Abu Dhabi Ports has signed a 35-year concession agreement to develop, manage and operate the port of Fujairah.
As part of the agreement, the entity has announced the establishment of Fujairah Terminals, a new operational arm wholly owned by Abu Dhabi Ports, WAM has reported.
The agreement was signed by Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports and Captain Mousa Murad, general manager of Port of Fujairah.
"We look forward to working closely with Abu Dhabi Ports in making this strategic partnership mutually beneficial,” said Sheikh Saleh Bin Mohammed Bin Hamad Al Sharqi, chairman of the Department of Industry and Economy, Fujairah and chairman of the board of Port of Fujairah,
"Abu Dhabi Ports will utilise its capabilities and expertise to enable Fujairah Ports to achieve its objectives, based on best practices. In particular we plan to leverage the geography of this strategic port to contribute to the development of the UAE's commercial and tourism sectors," said Dr Al Jaber.
Through the establishment of Fujairah Terminals, the agreement will grant Abu Dhabi Ports the exclusivity to enhance existing infrastructure in addition to managing all container, general cargo, Ro-Ro and cruise ships in the port. It further extends this exclusivity throughout Fujairah for container business.
The agreement also includes deepening of berths to enable the port, which already serves clients and companies in the entire Gulf region, the Indian Ocean and the Indian Subcontinent, to cater to larger vessels.
Abu Dhabi Ports will be investing in the infrastructure of Fujairah Ports, further enhancing its capabilities. Development includes deepening of berths by 16.5m to allow bigger vessels to come to the port of Fujairah, building a 30 hectare-yard storage warehouse, as well as an additional 1-km quay to accommodate the expected growth in the number of ships arriving to the port, thereby increasing shipping operations in the process.
Abu Dhabi Ports will also work on equipping Fujairah Ports with new and advanced equipment such as STS (ship-to-ship) post-Panamax quay cranes, RTGs (rubber tyred gantry) as well as new IT systems, bringing efficiency to operations and better equipping it to meet the needs of global shipping companies and service operators.
Abu Dhabi Ports will commence with the development of berths and yards in 2018. The port will remain operational during this time to service existing and new clients. Additional capacity and new quay cranes will begin operations in 2021, including the post-Panamax quay cranes.