• 2019 September 23 11:36

    Abu Dhabi Ports’ container volume up 82.4% in the first half of 2019

    Abu Dhabi Ports, one of the UAE’s leading proponents of regional trade and investment, revealed robust operational performance with significant volume growth in the first half of 2019. The company, which operates ports and terminals across the UAE, as well as Khalifa Industrial Zone Abu Dhabi (KIZAD), said its success was driven in part by concession agreements signed with leading maritime firms, such as Mediterranean Shipping Company (MSC) and COSCO SHIPPING Ports (CSP).

    The agreements have seen an increase in the number of vessels taking advantage of Khalifa Port’s strategic location and world-class facilities, as well as significant further investment in state-of-the-art technology and infrastructure.

    Container volume at Khalifa Port rose from 620,974 TEU (Twenty-foot Equivalent Unit) in H1 2018 to 1,135,021 TEU in H1 2019 – an increase of 82.4%. This growth was fuelled predominantly through the MSC concession agreement, which was signed last year. Abu Dhabi Ports anticipates further growth thanks to completion of the CSP Abu Dhabi Container Terminal, which was built in partnership with COSCO SHIPPING Ports and which began trial operations in Q2 2019 – ahead of the start of full commercial operations in Q4 2019.

    Both agreements are part of Abu Dhabi Ports’ five-year strategy to boost the UAE’s trade and investment flows, and drive the diversification of the UAE economy. As a result, Abu Dhabi Ports will be expanding the capacity of Khalifa Port to 9.1 million by 2024. The port is capable of handling the world’s largest vessels with two 21,000 TEU mega-vessels, the COSCO SHIPPING SOLAR and PISCES, having already called at CSP Abu Dhabi Terminal earlier this year.

    In addition to the increase in container volume, Abu Dhabi Ports also witnessed a significant increase in the total volume of cargo handled across its ports, which also include Fujairah Terminals, Zayed Port and Mussafah Port. Total cargo increased to just under 9.7 million tonnes in the first half of 2019, a rise of 10% compared to the same period in 2018.

    In June, the first fully-laden Capesize vessel to ever call at a GCC port arrived at Khalifa Port after Abu Dhabi Ports modified the approach channels to accommodate Capesize vessels. The channels have been deepened from 16.5 metres to 18.5 metres draft and widened from 250 metres to 280 metres.

    Meanwhile, KIZAD continues to attract more investment, with agreements signed with DHL Global Forwarding and Gulf Compound Blending Ind. Ltd in H1 2019, while work was also started on the AED 2.2 billion Roadbot Tyre Project. Once completed, the 275,000 square metre facility will have a production capacity of 10 million Passenger Car Radial (PCR) tyres and 1 million truck and bus radials by 2022. To date, Abu Dhabi Ports has attracted more than 500 companies to KIZAD and more than AED 65 billion in investment across multiple sectors, including metals, polymers, oil and gas, automotive, food, energy, and logistics.

    Abu Dhabi Ports attributed the slight drop in Roll-on Roll-off (RORO) figures, from 78,163 units in H1 2018 to 73,590 unit this year, to a drop in new car sales.

    However, Abu Dhabi Ports saw a significant increase in cruise passengers in the first half of the year, with the total number increasing from 237,169 in H1 2018 to 321,277 for the same period this year – an increase of 35%. This was reflected in the number of cruise vessels calling at either Zayed Port, Fujairah Terminals or Sir Bani Yas Cruise Terminal, with total calls increasing from 93 to 129 – an increase of 38%. Fujairah’s cruise passenger numbers almost tripled from 5,931 to 14,441. Abu Dhabi Ports attributed the significant rise in passenger numbers due to investment in cruise facilities at the three terminals, as well as strategic partnerships with organisations such as Etihad Airways, which serve to improve the cruise passenger experience and render Abu Dhabi a destination of choice within the region.




2020 July 2

09:45 Tallink Grupp adds more departures to Helsinki-Riga and Turku-Tallinn routes for August 2020
09:28 MABUX: Bunker market this morning, July 02
09:23 Inaugural meeting of the international advisory panel on maritime decarbonisation
09:18 Baltic Dry Index as of July 1

2020 July 1

16:18 COVID-19 dampens long-term energy demand and highlights scale of climate emergency
15:52 Konecranes receives order from Louisiana for two portal harbor cranes
14:26 Panama emphasises its support for seafarers' rights
13:43 DNV GL grants type approval for Aquarius UV / EC BWMS
12:36 ICS: Global shipping fleet to sound horns on 8 July to remind governments over need for urgent crew change
11:09 Aker Solutions awarded letter of intent for Askeladd Vest
10:33 MABUX: Bunker market this morning, July 01
10:09 Damen delivers custom RHIB to Naarden Lifeboat
09:37 GTT receives a new order from DSME for the design of two large Floating LNG Storage Units

2020 June 30

19:07 Wan Hai Lines to launch Taiwan to Vietnam and Thailand services coverage
18:37 Valenciaport joins the “World Aids to Navigation Day” with the lighting of its headlights
18:12 Third stage of "Sea Cup 2020" competition begins
18:07 BPA attempts to cut fine dust level in Busan Port by developing green equipment
18:02 Damen concludes keel laying on 75-metre crane barge for a project in Panama
17:50 Bunker prices decrease at the Port of Saint-Petersburg, Russia (graph)
17:46 Diana Shipping announces signing of a supplemental agreement with BNP Paribas and the sale of a Panamax dry bulk vessel
17:27 BIMCO publishes Covid-19 crew change clause
17:04 Artemis Technologies to build zero emissions ferries following £60M funding
16:41 Seven port projects to compete for ESPO Award 2020
16:25 BLRT Grupp shipped last sections of railway bridge to Stockholm
16:04 Port of Melbourne welcomes largest containercapacity ship to dock in Melbourne
15:46 Knyaz Vladimir submarine of RF Navy’s fleet went to the White Sea starting its first base-to-base passage
15:03 World's first full scale ammonia engine test - an important step towards carbon free shipping
14:48 Severnaya Verf to build four long-liners of 200101 design for NOREBO Group
14:12 Hapag-Lloyd announces GRI from North East Asia to Australia
13:58 MSC Cruises and Chantiers de l’Atlantique celebrate key construction milestone for LNG-propelled MSC World Europa
13:33 RS publishes autonomous vessel classification advisory
13:11 Port of Oakland Oks FY 2021 budget midst COVID-19 crisis
12:50 Bunker market sees mixed price movements in the Far East ports of Russia (graph)
12:01 Valenciaport will invest 136 million in the Port of Sagunto
11:49 Gasum opened a new shipping fuel station at Ports of Stockholm
11:10 Wärtsilä and Pastrovich Studio sign agreement to develop a sustainable hybrid boutique cruise vessel
10:34 Admiralteiskie Verfi laid down yet another freezing trawler of Project СТ-192 for RFC
10:06 New Chairman appointed to the National Maritime Safety at Sea Council
09:46 Oil prices are slightly down
09:28 Baltic Dry Index as of June 29
09:15 MABUX: Bunker market this morning, June 30

2020 June 29

19:07 GTT takes the lead in the 2019 French list of ETI patent applicants
18:37 PortXL presents 22 promising and innovative maritime start-ups and scale-ups
18:07 Aker Solutions secures maintenance and modifications work for Aker BP
17:52 United Shipbuilding Corporation set to occupy about 57% of Russia’s shipbuilding market by 2030
17:30 Fincantieri announces steel cutting of the forward section for Chantiers de l’Atlantique
17:06 Djibouti organises first crew-change in over a year for seafarers stranded due to Covid-19
16:31 Norsepower unveils first tiltable Rotor Sail installation with SEA-CARGO agreement
16:26 Admiral Makarov frigate of RF Navy’s Black Sea Fleet conducted exercises in the Mediterranean Sea
15:59 Stena Line starts the construction of two new larger E-Flexer ferries
15:27 Nuclear-powered icebreaker Arktika to be deployed in winter navigation season of 2020-21
15:04 Water transport passengers can make use of carriers’ services during 18 months from voyage cancellation
14:38 Portugal's Navalrocha shipyard reports flurry of deals in 2020, with busy schedule ahead
13:59 Average wholesale prices for М-100 HFO rose to RUB 9,865 in RF spot market
13:02 Yamal LNG extends validity of certificates on compliance with ISO standards
12:36 Cruise companies around the world are actively accepting reservations and preparing for the 2021/2022 tourist season
12:13 Diesel submarine of RF Navy’s Pacific fleet held tactical exercise in the Sea of Japan
11:35 NORDEN orders four dry cargo “Ultramax” ships
10:38 Ferry connections between Finland and Estonia are better than ever
10:14 Oil prices are decreasing