Khalifa Port Container Terminal, managed and operated by Abu Dhabi Terminals (ADT[ds_preview]), has seen its volume reach 1.13mill. TEUs in 2014. This represents a 26% growth.
ADT secured the exclusive right to manage and operate the first Khalifa Port Container Terminal (KPCT) by signing a 30-year concession in 2012 with Abu Dhabi Ports. The company expects that this more than 20% year-on-year growth rate will be built on in 2015.
Besides handling a record number of containers, 2014 had seen productivity rise to an average of 34 GMPH (crane moves per hour). For December 2014 alone, KPCT reported handling 132,339TEU – the highest number of containers handled in a single month in the Emirate – and an increase of 26.7% compared with 2013.
In November 2014, ADT signed a loan agreement of nearly 82mill. $ with Abu Dhabi Commercial Bank (ADCB) for the ongoing development of KPCT.
