AD Ports Group installs first block for quay wall of new terminal at Khalifa Port ...United Arab Emirates

AD Ports Group has installed the first 90t block for the quay wall of the new CMA Terminals Khalifa Port – a major milestone in the construction of the terminal. Announced in September 2021, the development of the new terminal is said to be on track with a budgeted capital expenditure of US $898.4mn. The terminal is expected to be operational in H1 2025 and will be managed by a joint venture owned by CMA Terminals (70% ownership), a subsidiary of global shipping and logistics giant CMA CGM, and AD Ports Group (30% ownership). AD Ports Group said that it is developing a wide range of supporting marine infrastructure for the terminal, which will provide CMA CGM with a new regional hub. Senior

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