{"id":71030,"date":"2023-05-25T00:00:00","date_gmt":"2023-05-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/05\/25\/ad-ports-vale-to-develop-handling-facility-in-khalifa-port\/"},"modified":"2023-05-25T00:00:00","modified_gmt":"2023-05-25T00:00:00","slug":"ad-ports-vale-to-develop-handling-facility-in-khalifa-port","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/05\/25\/ad-ports-vale-to-develop-handling-facility-in-khalifa-port\/","title":{"rendered":"AD Ports + Vale to develop handling facility in Khalifa port"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">AD Ports + Vale to cooperate on mega hub and handling facility: <\/span><span style=\"\">The UAE\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adportsgroup.com\/\" style=\"\">AD<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adportsgroup.com\/\" style=\"\">Ports Group<\/a><\/span><span style=\"\"> and Brazilian logistics operator and iron ore producer <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.vale.com\/\" style=\"\">Vale<\/a><\/span><span style=\"\"> have inked an MoU<\/span><span style=\"\"> to develop a mega steelmaking hub in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.kezadgroup.com\/\" style=\"\">Khalifa Economic Zones Abu Dhabi<\/a><\/span><span style=\"\">(KEZAD) and a handling facility in Abu Dhabi\u2019s Khalifa port that can accommodate Valemax vessels, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2023\/05\/24\/ad-ports-group-and-vale-to-jointly-develop-low-carbon-mega-hubs-for-steel-industry\" style=\"\">press release<\/a><\/span><span style=\"font-weight:400;\">. The statement did not disclose the timeline and costs of developing the mega hub and facility.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">SOUND SMART-<\/span><span style=\"\">Valemax vessels<\/span><span style=\"\">are part of Vale\u2019s fleet of very large ore carriers (VLOC) \u2014 among the largest in the world \u2014 which it owns and charters, with a capacity ranging between 380k-400k tons, shipping agency <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/zeymarine.com\/worlds-largest-bulk-carriers\/\" style=\"\">Zey Marine<\/a><\/span><span style=\"font-weight:400;\"> writes.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">About the handling facility: <\/span><span style=\"font-weight:400;\">The facility is set to be capable of accommodating Valemax vessels, with a handling capacity of up to 50 mn tons of cargo a year, the statement says. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Also on the cards:<\/span><span style=\"font-weight:400;\"> AD Ports will develop and manage conveyor infrastructure to transport iron ore and finished product to and from KEZAD and Khalifa port, according to the statement.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The agreement includes exploring ways to cooperate on maritime transport <\/span><span style=\"\">and the management and operation of the <\/span><span style=\"\">VLOC<\/span><span style=\"font-weight:400;\">s, as well as \u201cother possible avenues of partnership,\u201d according to the statement. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">About the hub: <\/span><span style=\"\">The hub will<\/span><span style=\"font-weight:400;\">produce low-carbon products for the steelmaking industry for both local and overseas markets, the statement said. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The facility is set to have a handling capacity of up to 50 mn tons of cargo a year<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[131],"tags":[168,17,25,130,549],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-71030","post","type-post","status-publish","format-standard","hentry","category-logistics-handling","tag-ad-ports","tag-enterprise-logistics","tag-logistics","tag-logistics-handling","tag-port","wpautop","entry"],"acf":{"mongo_id":"eeb0fe1c-e6e0-45c1-bfeb-492703870b46","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/5\/1368.jpg,https:\/\/www.adportsgroup.com\/en\/news-and-media\/2023\/05\/24\/ad-ports-group-and-vale-to-jointly-develop-low-carbon-mega-hubs-for-steel-industry","photo_position":"above","homepage_title":"","full_issue_title":"AD Ports + Vale to develop handling facility in Khalifa port","related_issue":[71025],"teaser":"The facility is set to have a handling capacity of up to 50 mn tons of cargo a year","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.23716248-246a-493c-8619-d014b208e013.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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