COSCO Ship­ping and Abu Dhabi Ports launch ded­i­cated con­tainer ter­mi­nal

Logistics Middle East - - UPDATE -

COSCO SHIP­PING Ports and Abu Dhabi Ports have in­au­gu­rated the CSP Abu Dhabi Ter­mi­nal at Khal­ifa Port; po­si­tion­ing Abu Dhabi as the re­gional hub for COSCO’s global net­work of 36 ports and fur­ther con­nect­ing the Emi­rate to the ma­jor trade hubs along the Belt and Road Ini­tia­tive (BRI).

The deep­wa­ter, semi-au­to­mated con­tainer ter­mi­nal in­cludes the largest Con­tainer Freight Sta­tion (CFS) in the Mid­dle East, cov­er­ing 275,000 square me­tres.

The state-of-the-art fa­cil­ity of­fers fa­cil­i­ties for full and par­tial bonded con­tainer ship­ments, the full range of con­tainer pack­ing ser­vices, short-term ware­hous­ing for de-con­sol­i­dated cargo as well as easy con­nec­tiv­ity with con­tainer ter­mi­nals in Khal­ifa Port.

The ter­mi­nal is also the first in­ter­na­tional green­field sub­sidiary of COSCO SHIP­PING Ports, a sub­sidiary of China COSCO Ship­ping, the largest in­te­grated ship­ping en­ter­prise in the world. CSP has so far in­vested AED1.1 bil­lion in cap­i­tal ex­pen­di­ture on con­struc­tion and ma­chin­ery at the ter­mi­nal.

The CSP Abu Dhabi Ter­mi­nal has a de­sign ca­pac­ity of 2.5 mil­lion TEU and will be­gin with a han­dling ca­pac­ity of 1.5 mil­lion TEU, with 1,200 me­tres of quay. The wa­ter depth of the ter­mi­nal is 16.5 me­tres, al­low­ing it to ac­com­mo­date mega-ves­sels typ­i­cally car­ry­ing in ex­cess of 20,000 TEU.

“The de­ci­sion by COSCO SHIP­PING Ports to in­vest in Abu Dhabi is a tes­ta­ment to our strate­gic lo­ca­tion, at­trac­tive busi­ness en­vi­ron­ment and sup­port­ive reg­u­la­tion. We be­lieve that it will open the door to more for­eign di­rect in­vest­ment in the Emi­rate,” said His High­ness Sheikh Theyab bin Mo­hamed bin Zayed Al Nahyan, Chair­man of the Depart­ment of Trans­port.

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