Abu Dhabi – Mubasher: AD Ports Group has awarded Shanghai Zhenhua Heavy Industries Company Limited (ZPMC) contracts surpassing a value of AED 420 million, according to a press release.
The deals cover supplying six ship-to-shore (STS) cranes and 17 hybrid rubber tyred gantry (RTG) cranes, to be deployed at its terminal projects in Pointe-Noire, a city in Congo, and Luanda in Angola.
The awards align with the UAE-based group’s 30-year concession agreement to develop and operate a multipurpose terminal in Pointe Noire Port and the 20-year concession agreement to improve and operate the Luanda Terminal in Angola.
Via these agreements, AD Ports aims to drive development within emerging markets for mutual and sustainable economic growth. The group also plans to bolster the efficiency of global supply chains, securing faster trade routes and offering diverse logistics solutions for key strategic trading partners.
Under the awarded contracts, the Pointe Noire and Luanda terminals will each have three Super Post-Panamax STS cranes, which can reach 21 container rows. The Pointe Noire will receive nine hybrid RTGs, while the Luanda terminal will get eight hybrid RTGs.
The hybrid RTGs can save up to 60% diesel in comparison to the traditional diesel RTGs which are equivalent to one million litres annually and nearly 5,000 tonnes of CO2 emissions.
Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports, said: “In line with the vision of our wise leadership to enhance trade and promote investment relations with key global partners, we are committed to investing in our terminals’ infrastructure and adopting advanced, innovative technology solutions to add value to our customers and partners and benefit the economies we operate in.”
Ruikai You, Party Secretary and Chairman of ZMPC, said: “We are pleased to expand this multi-year partnership with our key client AD Ports Group to supply state-of-the-art Super Post-Panamax STS cranes for its expansion into Africa.”
In the first half (H1) of 2024, AD Ports logged 25% higher net profits at AED 839 million, compared to AED 673 million in H1-23.
