Abu Dhabi Ports, which runs the UAE’s US$7 billion Khalifa Port, has signed an agreement with state aluminium producer Emirates Global Aluminium (EGA) to import bauxite using the world’s largest bulk cargo ships.
Under the deal, Abu Dhabi Ports will dredge and widen channels to allow large vessels to berth fully laden directly at Khalifa Port, the two parties said on Saturday.
The long-term port facility agreement will enable the import of bauxite, the world’s main source of aluminium, through Khalifa Port to EGA’s Al Taweelah alumina refinery in Abu Dhabi, using ‘Capesize’ vessels - the largest dry cargo vessels, typically above 150,000 deadweight tonnage.
“Dredging Khalifa Port to allow fully laden Capesize vessels to reach EGA’s berth will reduce our costs, simplify our bauxite supply chain, and improve our environmental performance,” said Abdulla Kalban, managing director and chief executive of EGA.
“The enhanced capabilities at Khalifa Port will enable broader trade and economic benefits for Abu Dhabi.”
The agreement will also make Abu Dhabi Ports the first in the Arabian Gulf capable of directly handling such massive ships, the parties said.
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Read more:
Khalifa Port's expansion work to enlarge and deepen the facility are on track
Abu Dhabi Ports signs major agreement with Chinese to develop Kizad space
China’s Cosco to build and operate new container terminal at Khalifa Port
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The dredging works will deepen the channel to 18.5 metres and basin to 18m. Khalifa Port is already undergoing expansion to accommodate a new terminal that will be managed by China’s Cosco Shipping Ports under a 35-year concession agreement signed last year.
This latest development is expected to encourage larger ships to call in at Abu Dhabi, creating new trade opportunities as global conditions improve.
“As vital trade, logistics and industrial hubs of Abu Dhabi, Khalifa Port and Kizad [Khalifa Industrial free zone] play a vital role in the emirate’s economic diversification strategy,” said Mohamed Juma Al Shamisi, chief executive of Abu Dhabi Ports.
“EGA’s long term commitment will give an important boost to trade and investment in KIZAD and more broadly in the region.”
Sri Lanka-India Test series schedule
- 1st Test India won by 304 runs at Galle
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Three tips from La Perle's performers
1 The kind of water athletes drink is important. Gwilym Hooson, a 28-year-old British performer who is currently recovering from knee surgery, found that out when the company was still in Studio City, training for 12 hours a day. “The physio team was like: ‘Why is everyone getting cramps?’ And then they realised we had to add salt and sugar to the water,” he says.
2 A little chocolate is a good thing. “It’s emergency energy,” says Craig Paul Smith, La Perle’s head coach and former Cirque du Soleil performer, gesturing to an almost-empty open box of mini chocolate bars on his desk backstage.
3 Take chances, says Young, who has worked all over the world, including most recently at Dragone’s show in China. “Every time we go out of our comfort zone, we learn a lot about ourselves,” she says.
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Ipaf in numbers
Established: 2008
Prize money: $50,000 (Dh183,650) for winners and $10,000 for those on the shortlist.
Winning novels: 13
Shortlisted novels: 66
Longlisted novels: 111
Total number of novels submitted: 1,780
Novels translated internationally: 66
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4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
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RESULT
Huddersfield Town 2 Manchester United 1
Huddersfield: Mooy (28'), Depoitre (33')
Manchester United: Rashford (78')
Man of the Match: Aaron Mooy (Huddersfield Town)
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Defenders Alexander-Arnold (Liverpool), Chilwell (Chelsea), Coady (Wolves), Dier (Tottenham), Gomez (Liverpool), James (Chelsea), Keane (Everton), Maguire (Manchester United), Maitland-Niles (Arsenal), Mings (Aston Villa), Saka (Arsenal), Trippier (Atletico Madrid), Walker (Manchester City)
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Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Company%20Profile
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At a glance
Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.
Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year
Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month
Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30
Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse
Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth
Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances
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