Abu Dhabi Ports Company (ADPC), the owner of Fujairah Terminals, has signed an agreement worth US$136.1 million to develop the Port of Fujairah.

Under the terms of the agreement, which is supervised by the Ministry of Presidential Affairs, ADPC will develop the port infrastructure, including the deepening of berths and the establishment of quays and storage areas. In addition, ADPC recently signed a 35-year concession deal to develop container terminal operations at the port.

The development of a 1,000m quay and a 300,000m² storage yard, and the deepening of berths to a draft of 16.5m are expected to increase the port’s capacity and enable the arrival of larger vessels.

The news is collated by ChinaRubberFender.com – Marine Fender Supplier.