(MENAFN) Abu Dhabi Terminals, the operator and manager of Khalifa Port Container Terminal, announced its plan to invest USD 108.87 million in the next three years in the expansion of the container terminal to handle more cargo, Gulf News reported.
Abu Dhabi Terminals said the money would be spent on buying new cranes and increasing the yard capacity of the port located in Taweelah, midway between Dubai and Abu Dhabi.
The company has been expanding and adding more facilities at the port. , with an increase registered in the storage capacity to reach 200,000 tonnes at the warehouse, this year, as well as commissioning three new key cranes and ten automated cranes in the yard.
With a 16 meter water depth, Khalifa port is capable of receiving and handling the biggest ships sailing the world's oceans. The port has been recently ranked fifth in Europe, the Middle East and Africa (EMEA) port productivity report based on the number of container moves per vessel, per hour at the world's ports and marine terminals in 2013.
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