Vast New Middle East Port Complex Inaugurated

Press Release
Thursday, December 13, 2012
UAE Presidentilal Inauguration: Photo credit ADT

United Arab Emirates President His Highness Sheikh Khalifa bin Zayed Al Nahyan formally inaugurates US$ 7.2-billion Khalifa Port.

The completion of the first phase of the new port will give it the capacity to handle 50,000 containers a week and one million tons of cargo every month. Yet all freight movements are controlled by just a small team of skilled operatives based in a state-of-the-art control centre, setting a new global benchmark in port technology.

The UAE’s diversification of its economy away from dependence on oil was given a huge boost by the inauguration, which serves to kick start global awareness of Kizad, the vast new industrial zone adjacent to Khalifa Port.

Within a generation, Khalifa Port and Kizad are set to account for up to 15 percent of Abu Dhabi’s non-oil GDP, creating hundreds of new jobs and critical skills aligned to the Emirate’s future economic plans.

Khalifa Port and Kizad provides access to two billion people within four time zones, three international airports within a 90-minute drive, purpose built express highways and a direct rail link planned for 2016. Khalifa Port container terminal, operated by Abu Dhabi Terminals, has established a network with over 40 destinations worldwide.

President His Highness Sheikh Khalifa bin Zayed Al Nahyan expressed his pride at the completion of projects that are of benefit to the citizens of the homeland and that strengthen the national economy.

He also said that the country provides the necessary support for the maritime transport industry, particularly Khalifa Port, which, when its phases of construction have been completed, will become one of the most important ports for trade in the region and the Middle East, benefiting from the UAE's strategic location to act as a link between the economic regions of the world.

 

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Marad Visits TX Maritime Technology & Training Center

United States Maritime Administration tours Maritime Technology and Training Center site.   Administrators from the United States Maritime Administration (MARAD),

ISS Announces CEO Transition

Captain Claus Hyldager yesterday decided to step down as the Chief Executive Officer of Inchcape Shipping Services (“ISS”).    The current Chief Financial Officer,

CME Lifts Force Majeure for all Illinois River Grain Terminals

CME Group has lifted its declaration of force majeure at all Illinois River terminals that are regular for Chicago Board of Trade corn and soybean futures delivery,

Ports

ISS Announces CEO Transition

Captain Claus Hyldager yesterday decided to step down as the Chief Executive Officer of Inchcape Shipping Services (“ISS”).    The current Chief Financial Officer,

CME Lifts Force Majeure for all Illinois River Grain Terminals

CME Group has lifted its declaration of force majeure at all Illinois River terminals that are regular for Chicago Board of Trade corn and soybean futures delivery,

S.Africa Considering Ship-Based Power Generation

South Africa could deploy power barges using gas to generate electricity to help overcome chronic supply shortages, a senior government official said on Tuesday.

 
 
Maritime Contracts Naval Architecture Navigation Pipelines Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1640 sec (6 req/sec)