Abu Dhabi Ports and Mediterranean Shipping Company (MSC) have signed a 30-year concession agreement to develop a new container terminal at Khalifa Port in the UAE. The deal will also see a doubling of the number of ship-to-shore cranes to 25 within the next five years and will deepen the port's berths to accommodate the largest bulk cargo vessels. The partnership aims to increase container terminal capacity to 8.5 million TEUs from 2.5 million TEUs over two years.
Abu Dhabi Ports and Mediterranean Shipping Company (MSC) have signed a 30-year concession agreement to develop a new container terminal at Khalifa Port in the UAE. The deal will also see a doubling of the number of ship-to-shore cranes to 25 within two years and will deepen the port's berths to accommodate the largest bulk cargo vessels. The partnership aims to increase container terminal capacity to 8.5 million TEUs from 2.5 million TEUs over the next five years.