{"id":83103,"date":"2024-12-16T00:00:00","date_gmt":"2024-12-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/12\/16\/ad-ports-cma-cgm-launch-new-container-terminal-at-abu-dhabis-khalifa-port\/"},"modified":"2024-12-16T00:00:00","modified_gmt":"2024-12-16T00:00:00","slug":"ad-ports-cma-cgm-launch-new-container-terminal-at-abu-dhabis-khalifa-port","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/12\/16\/ad-ports-cma-cgm-launch-new-container-terminal-at-abu-dhabis-khalifa-port\/","title":{"rendered":"AD Ports + CMA CGM launch new container terminal at Abu Dhabi\u2019s Khalifa Port"},"content":{"rendered":"

AD Ports inaugurates new AED 3.1 bn container terminal at Abu Dhabi\u2019s <\/strong>Khalifa <\/strong>Port:<\/strong> AD Ports has opened a new container terminal at Abu Dhabi\u2019s Khalifa Port as part of a JV with CMA Terminals, a subsidiary of French logistics giant CMA CGM Group, according to a statement (pdf)<\/a> released on Thursday. The AED 3.1 bn terminal will be managed by the pair under the JV, with CMA Terminals holding a 70% stake and AD Ports holding 30%. <\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

Background:<\/strong> The pair first announced<\/a> the project in 2021, initially committing some AED 570 mn, and inking a 35-year concession agreement for the terminal.<\/p>\n

The facility will expand the port\u2019s total container capacity by 23%<\/strong> to reach nearly 10 mn twenty-foot equivalent units. The inauguration of the terminal marks the completion of phase one of the project, though the statement does not disclose the details for future phases of expansion or development.<\/p>\n

Going green:<\/strong> The terminal offers shore-power for vessels and several solar panel areas to support terminal operations. It also hosts a net zero carbon administration building powered by renewable energy.<\/p>\n

CMA CGM\u2019s been busy in the region:<\/strong> Saudi Arabia\u2019s Almajdouie Logistics finalised in October<\/a> a joint venture (JV) with France-based CMA CGM\u2019s logistics arm CEVA Logistics to boost logistic services in the Kingdom. The Saudi Ports Authority (Mawani) and CMA CGM broke ground<\/a> over a year ago on their new SAR 487 mn integrated logistics area in Jeddah Islamic Port. CMA CGM also inked a 25-year agreement in October<\/a> with the firm to form a joint venture to equip and operate half of Nador West Med container terminal.<\/p>\n","protected":false},"excerpt":{"rendered":"

The AED 3.1 bn terminal will be managed by the pair under the JV between CMA Terminals and AD Ports<\/p>\n","protected":false},"author":1,"featured_media":83104,"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":[38],"tags":[168,26,351,37,123,129],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-83103","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ports","tag-ad-ports","tag-cma-cgm","tag-france","tag-ports","tag-shipping-maritime","tag-uae","wpautop","entry"],"acf":{"mongo_id":"a6ab6ade-d9a1-49bd-97f4-29abd58904b8","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/1250.jpg","photo_position":"above","homepage_title":"","full_issue_title":"AD Ports + CMA CGM launch new container terminal at Abu Dhabi\u2019s Khalifa Port","related_issue":[83091],"teaser":"The AED 3.1 bn terminal will be managed by the pair under the JV between CMA Terminals and AD Ports","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.918fce3d-e4b6-4e8b-b53b-1aa60da2f56e.mp3"},"yoast_head":"\nAD Ports + CMA CGM launch new container terminal at Abu Dhabi\u2019s Khalifa Port - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2024\/12\/16\/ad-ports-cma-cgm-launch-new-container-terminal-at-abu-dhabis-khalifa-port\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AD Ports + CMA CGM launch new container terminal at Abu Dhabi\u2019s Khalifa Port\" \/>\n<meta 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