Tag: Abu Dhabi

In the second round of bidding for four of its refineries, Petrobras has allegedly selected four groups of companies. In fact, Reuter reports that the Chinese Sinopec, Abu Dhabi’s Mubadala Investment and the Brazilian companies Ultrapar Participações SA (UGPA3.SA) and Raizen have been chosen to go through to the next phase.

Maqta Gateway, a subsidiary of Abu Dhabi Ports inked a Memorandum of Understanding (MoU) with Etisalat to boost digitalization across its port facilities, by launching technologies such as  cloud computing, IoT and big data, paving the way for a new era of digital transformation in the maritime sector.

Abu Dhabi Ports revealed strong operational performance with significant volume growth in the first half of 2019. The company, as well as Khalifa Industrial Zone Abu Dhabi, said its success was driven in part by concession agreements signed with maritime firms, such as Mediterranean Shipping Company (MSC) and COSCO SHIPPING Ports.

Khalifa Industrial Zone Abu Dhabi (KIZAD), an Abu Dhabi Ports subsidiary announced that it has waived charges for 75% of services, following Abu Dhabi Government plan to attract further investment into the emirate. The new fee structure will be applicable from this month onwards.

The value of exports through Abu Dhabi ports grew 14.8% from AED 24.0 billion in the first quarter of 2018 to AED 27.6 billion in the same period of 2019, according to official figures released by Statistic Centre - Abu Dhabi, SCAD. As for imports, their value decreased by 7.7% from AED 26.2 billion in Q1 2018 to AED 24.2 billion in Q1 2019.

Abu Dhabi Ports and the Mauritius Ports Authority, MPA signed a Memorandum of Understanding, to collaborate on improving the maritime sector across the Indian Ocean. The agreement varies from port infrastructure and security to protecting the environment and advancing the cruise industry.

Emirates Global Aluminium announced the arrival of the first fully-laden Capesize vessel to call at any GCC port at its quay at Khalifa Port in Abu Dhabi. This milestone marks the start for the import of bauxite for EGA’s new Al Taweelah alumina refinery using these bulk cargo vessels.