UAE:DP World and Emirates Global Aluminium (EGA) have signed a strategic agreement designed to support the UAE’s position as a major exporter of the metal. As a result, EGA will lease a dedicated storage area, which at 175,000m2 is the largest the company has ever used, at Jebel Ali port. This will offer EGA storage capacity for almost 60,000 tonnes of aluminium and up to 1,200 teu of containers, facilitating export flows through the port.
Abdulla Kalban, managing director and chief executive officer of EGA, said:
“Proximity to the UAE highly efficient ports is one of our global competitive advantages, and we are glad to extend our decades-long partnership with DP World at Jebel Ali. We are two champions of economic diversification in the UAE, and that makes our work together important not just for our respective companies, but also for our nation.”
DP World has recently confirmed that container volumes at Jebel Ali are holding up well this year, despite political and economic challenges in the region. The port handled 7.7 million teu in the first half of 2018, roughly the same as in the equivalent period of the year before.