Abu Dhabi Ports Company was founded in 2006, headquartered in Abu Dhabi, United Arab Emirates, with 2000 full-time employees. Abu Dhabi Ports Company is a developer of ports and industrial zones.
The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment-https://www.mg21.com/abu-dhabi-ports.html
Abu Dhabi Ports Company US Equities Encyclopedia
Abu Dhabi Ports (Arabic: م و ن ئ و ظ ي);Formerly known as Abu Dhabi Ports Company and ADPC) is a port, industrial zone andlogisticsOperator, affiliated to ADQ, which is one of the largest holding companies in the region, has a wide range of businesses, covering the main business portfolio of key sectors of Abu Dhabi's diversified economy.Abu Dhabi Ports Group manages 11 ports and docks in the United Arab Emirates and Guinea.The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment-https://www.mg21.com/abu-dhabi-ports.html
Entities within Abu Dhabi Ports Group include Khalifa Industrial Zone Abu Dhabi, KIZAD, ZonesCorp, SAFEEN Group (Abu Dhabi Marine Services), Maqta Gateway, MICCO Logistics, Abu Dhabi Maritime, Abu Dhabi Maritime Academy, Abu Dhabi Terminals (ADT), Abu Dhabi Cruise Terminal and Fujairah Terminals.The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment-https://www.mg21.com/abu-dhabi-ports.html
Abu Dhabi Ports Company's businesses:
1. PortsThe article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment-https://www.mg21.com/abu-dhabi-ports.html
Abu Dhabi Port operates all commercial, logistics, community and leisure ports in the Emirate of Abu Dhabi, including its flagship deepwater container terminal, Port Khalifa, and other ports throughout the Emirate: Port Zayed, Free Port, Port Musafa, and five western ports of Al Dhafra that support the local economy.The Group also operates the 53km long New Musafa Strait, which is the second longest channel in the Middle East, second only to the Suez Canal directly connecting Musafa Port and the Arabian Sea.The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment-https://www.mg21.com/abu-dhabi-ports.html
2. Industrial Cities&Free ZonesThe article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment-https://www.mg21.com/abu-dhabi-ports.html
The group's 550 square kilometer industrial city and free zone portfolio includes the Abu Dhabi Khalifa Industrial Zone (KIZAD). Since the acquisition in 2020, five industrial cities have formed ZonesCorp.The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment-https://www.mg21.com/abu-dhabi-ports.html
3. LogisticsThe article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment-https://www.mg21.com/abu-dhabi-ports.html
In 2020, MICCO Logistics was acquired by Abu Dhabi Port Company, which is affiliated to Abu Dhabi Ports Logistics, a special logistics department of the group, thus obtaining a large number of temperature controlled warehouse stocks and diversified transportation fleets.The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment-https://www.mg21.com/abu-dhabi-ports.html
4. DigitalThe article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment-https://www.mg21.com/abu-dhabi-ports.html
Maqta Gateway, the digital department of Abu Dhabi Port, was established in 2016 to support the digital strategy of Abu Dhabi Port and lead the digital mission of Abu Dhabi's maritime, trade and government services according to the 2030 Abu Dhabi Economic Plan.
5. Maritime
The maritime business portfolio of Abu Dhabi port includes SAFEEN Group, which has provided a series of maritime and terminal support services since its establishment in 2013, including ship assistance, navigation support, inspection and shipping maintenance in Abu Dhabi port and other regions.The company, formerly known as "Abu Dhabi Marine Services", was renamed "SAFEEN" in June 2016, which means "ship" in Arabic.
Abu Dhabi Port also owns and operates a center of excellence to train students who want to develop careers in the UAE maritime industry through the Abu Dhabi Maritime College, which started its operation in 2014.The courses of the college have been recognized by the British Maritime and Coast Guard (MCA), the United Arab Emirates Federal Transport Authority (FTA), the International Lighthouse Authority (IALA) and Lloyd's Register of Shipping locally and internationally.
In May 2020, through an agreement between the Abu Dhabi Port and the Ministry of Municipalities and Transport (DMT), the Abu Dhabi Maritime Company was established to implement the Maritime Plan (the Abu Dhabi Coastal and Marine Framework Plan) to develop integrated coastal area management and supervise the regulation of waterways and ecosystems in the Emirate.
6. Cruise
Abu Dhabi Cruise Terminal is located in Zayed Port and opened for the first time in 2015.The wharf covers an area of more than 7800 square meters, and can accommodate three cruise ships at the same time in the available berth space of more than 900 meters.In 2018, Abu Dhabi Port opened the second cruise destination of the United Arab Emirates at Sir Banias Cruise Beach, the first and only cruise beach in the Middle East.
7. Fujairah Terminals
In 2017, Abu Dhabi Port and Fujairah Port, the only multi-functional port on the east coast of the United Arab Emirates, signed a 35 year franchise agreement.According to its terms, the new operation department of Abu Dhabi Port, Fujairah Terminal, was established, and more than 1 billion dirhams were earmarked for infrastructure investment.The commercial operation of Fujairah Terminal was officially launched in September 2017, because the activities are accelerating to start the expansion project in the next year.
8. Kamsar Container Terminal, Guinea
Following the signing of the agreement between Abu Dhabi Port and Guinea in 2013, the Kamsar Container Terminal (KCT) was established in 2016 as an independent commercial terminal operated by Abu Dhabi Port under EGA.
Abu Dhabi port plans and organizes all activities of KCT, coordinates and supervises activities of subcontractors, communicates with all port users, including port authorities (customs and port state control), monitors HSE performance and reports.These ports enable EGA to import raw bauxite directly from sources in Guinea to its alumina refinery located in Al Taweelah Operations aluminum smelter in Abu Dhabi Halifa industrial zone by ship.These ports enable EGA to import raw bauxite directly from sources in Guinea to its alumina refinery located at Al Taweelah Operations Aluminum Smelter in the Halifa Industrial Zone in Abu Dhabi by ship.
Abu Dhabi Ports Company Financing Encyclopedia
In February 2022, Abu Dhabi Port Company acquired a stake of $326.7 million from Al Seer Marine.
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This article is written byOriginated by American Stock HousePublished on February 13, 2022
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