AD Ports Group has signed an agreement with CMA CGM Group to expand their joint container terminal at Khalifa Port, less than a year after it opened.
Since its opening in December 2024, CMA Terminals Khalifa Port, owned 70% by CMA CGM and 30% by AD Ports Group, has recorded strong demand and operational performance.
The new expansion plan is valued at AED420m (US$115m) with the joint venture partners sharing the costs proportionate to their shareholding.
You need a free subscription to read the entire article.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.
























