Abu Dhabi: Abu Dhabi Ports will partner with Emirates Global Aluminium to upgrade ports and logistics infrastructure at international ports which EGA uses to load raw materials destined for the UAE.
A Memorandum of Understanding in this regard was signed by Capt Mohammad Juma Al Shamsi, Chief Executive Officer of Abu Dhabi Ports, and Abdullah Kalban, Managing Director and Chief Executive Officer of Emirates Global Aluminium (EGA) in Abu Dhabi.
The agreement is expected to enable more efficient shipping at international ports and benefit both companies.
“EGA already works with Abu Dhabi Ports at Khalifa Port in Abu Dhabi and at Kamsar in the Republic of Guinea. This MoU paves the way for further opportunities through which Abu Dhabi Ports can develop its international business, whilst lowering EGA’s shipping costs through the upgrading of the ports that we use,” Kalban said in a statement.
EGA shipped approximately six million tonnes of bulk raw materials such as alumina, coke and pitch from some 20 ports worldwide last year.
According to a statement on Tuesday, the two companies cited various bottlenecks at ports ranging from shallow channels that only allow smaller vessels to berth, to manual rather than automatic loading, to limited rail capacity at the port that can reduce the efficiency of shipping.