Abu Dhabi Ports, ADSB Team Up on Zayed Port Project
- Business & Finance
Port developer and operator Abu Dhabi Ports and its compatriot shipbuilding company Abu Dhabi Ship Building (ADSB) have signed a long term contract to establish a ship repair facility and floating dock capability within Zayed Port.
The project’s first phase includes developing and operating a dedicated berth of 430 linear meters of quay wall and 12,000 square meters of dedicated yard facilities.
According to Captain Mohammed Al Shamisi, Chief Executive Officer of Abu Dhabi Ports, the agreement “will play a key role in boosting the trade and maritime industry in Abu Dhabi and enhance the contribution of the sector to the UAE’s GDP.”
“The operational expansion of ADSB through the new floating dry dock in Zayed Port reflects the positive growth seen in the UAE ship building and repair sector,” he added.
Inaugurated back in 1972, Zayed Port is Abu Dhabi’s oldest commercial port. Covering a land area of 510 hectares, it has 21 berths with a total length of 4,375 meters.