EXCLUSIVE: Abu Dhabi retenders port package

27 June 2018
Scope of marine works for Khalifa Port's second container terminal has been expanded

The joint venture of Abu Dhabi Ports and China’s Cosco Shipping Ports has invited firms to bid by 18 July for the marine works package of the planned second container terminal at Khalifa Port, sources familiar with the project tell MEED.

The package has been tendered before.

Companies that submitted a bid for the contract in August last year are understood to include:

The new scope includes the construction of a 3-kilometre quay wall instead of a 1km quay wall, in addition to deepening the port’s main channel and basin.

An Abu Dhabi Ports spokesperson said last month that the second terminal at the port is expected to become operational in early 2019.

The preparatory work for the terminal is being undertaken by Abu Dhabi-based National Marine Dredging Company.

Once completed, Terminal 2 is expected to double Khalifa Port’s existing capacity of 2.5 million 20-foot equivalent units (TEUs), with provision for an additional 1 million TEUs depending on the success of the business model and the port’s growth.

Cosco signed a 35-year concession agreement with Abu Dhabi Ports in September 2016 covering the construction, operation and maintenance of Khalifa Port’s Terminal 2. The contract is renewable for five years and valued at an estimated $738m.

 

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.