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Abu Dhabi’s Khalifa Port Container Terminal (KPCT) has been rated as the world’s third fastest growing container port by a report
KPCT is managed and operated by Abu Dhabi Terminals and has received this ranking in the Top 120 World Container Ports rankings, published by Container Management magazine. The report also lists KPCT, which began operations three years ago, as the fastest growing port in the Middle East, based on 26 per cent volume growth in 2014.
KPCT’s container throughput grew by 41 per cent in the first seven months of 2015, providing an indication of growth expected in global trade in the years to come. In the three years that KPCT has been in operation, the terminal operator has placed itself in a competitive position in the region due to quick vessel and truck turnaround times and lower logistics cost to benefit port users.
Abu Dhabi Terminals attributed KPCT’s rapid growth to the significant expansion of industry in Abu Dhabi, as well as a substantial increase in the role the port plays in regional transhipment, combined with a steady rise in shipping lines calling at KPCT.
Martijn van de Linde, CEO of Abu Dhabi Terminals, said, “We are extremely pleased with the vote of confidence given to us by our customers; both trade and shipping lines, which enables us to be recognised as one of the world’s fastest growing container ports. Our corporate philosophy remains focused on delivering excellent service to our customers and helping them lowering their supply chain costs while bringing their international markets closer to home.”