Fujairah to Deepen Its Terminals
- Business & Finance
Fujairah Terminals has welcomed its first vessel, the Dubai Alliance, following recent concession signing agreement between Abu Dhabi Ports and the Port of Fujairah.
Upa Jayalth, General Manager for Operations at Star Feeder LLC and Nirmil Perara, General Manager for Sales and Marketing at Star Feeders LLC met with Fujairah Terminals General Manager, Naser AlBusaeedi to express their support and commitment to working with the newly established Fujairah Terminals.
On the occasion AlBusaeedi said: “Through the planned infrastructure investment and sharing of best practices by Abu Dhabi Ports, we are confident we are embarking on a new journey that will bring about a positive outlook for the port and the emirate of Fujairah as a whole.”
“Using our experience and best practices gained from managing and running major ports like Zayed and Khalifa Ports, we intend to bring these valuable learnings to Fujairah Terminals and use existing commercial and business synergies to increase our value offering to our customers and simultaneously boost efficient trade,” added AlBusaeedi.
Following the signing of the 35-year concession agreement with the Fujairah Port, that granted Abu Dhabi Ports exclusive rights to develop port infrastructure and undertake operations for containers, general cargo, RoRo and cruise ships, Fujairah Terminals was established and took over management of the terminals from Fujairah Port Authority from August 1.
In addition, the company will retain the exclusive management of Container Business throughout the emirate of Fujairah for Container business.
Further terms of the agreement include enhancing the ports ability to cater to larger vessels through the deepening of berths and building almost 300,000 sqm yard of storage space, as well as a 1km quay.