AD Ports Group has signed a strategic partnership agreement with Alexander Global Logistics GmbH to establish and launch a transshipment hub dedicated to handling pulp and paper products, which will operate from Khalifa Port, a vital link connecting East and West trade
Saif Al Mazrouei, CEO of Ports Cluster, AD Ports Group, said, ?Today?s announcement marks a key milestone in Khalifa Port?s ongoing development to support the UAE?s industrialisation efforts, and is also the first step in what we see as Abu Dhabi?s transformation into a regional leader for pulp and paper products.
?The hub aims to address the changing needs of the global supply chain, both for pulp and paper producers and customers. In the first stage, expected to be completed by Q3 2022, a total of 20,000 sqm of quayside warehousing will be established in Khalifa Port,? added Al Mazrouei.
Carsten Hellmers, CEO of Alexander Global Logistics GmbH, commented, ?The combination of expertise and knowledge of the industry brought into this Strategic Partnership Agreement by Alexander Global Logistics plus the unique location, abilities and resources provided by AD Ports Group will soon allow the Pulp and Paper industry to have a world-class terminal to serve customers in the Abu Dhabi hinterland and reach other destinations taking full advantage of the hub.?
The announcement of the new strategic partner agreement in collaboration with Alexander Global Logistics GmbH marks the latest in a series of developments at Khalifa Port aimed at expanding the deep-water port?s capabilities to support a wide variety of industries.
In 2021, AD Ports Group signed a 50-year land lease agreement with Anchorage Investment that will see the development of a grain storage and processing plant at Khalifa Port that will be overseen by agro commodity processor National Feed.
Last year also saw the signing of a 35-year concession agreement between AD Ports Group and CMA CGM Group to launch a new US$154mn terminal in Khalifa Port.
Elsewhere in the port, progress is already underway with the development of Abu Dhabi?s first greenfield commercial bulk liquid storage terminal that is being built as part of a strategic agreement signed with Saudi Arabia-based Arabian Chemical Terminals (ACT) back in 2020.
