Abu Dhabi Ports Group has climbed into the world’s top 20 rankings for the first time in a new industry survey.
Abu Dhabi Ports Group’s ranking as the 19th largest container port operator in the world by Drewry, a British company that tracks the container port sector, reflects The growing industrial importance of port operations For Ports Group Abu Dhabi, Which has expanded rapidly after a series of new operating franchises and acquisitions in 2023.
Abu Dhabi Ports Terminals
Abu Dhabi Ports Group currently has 33 terminals in 8 countries, including the UAE, Spain and Pakistan, 27 of which are operational, with new terminals planned to be operational in the UAE.
In 2023, Abu Dhabi Ports Group announced that container volume reached 4.91 million twenty-foot equivalent units, an increase of 13% year-on-year.
Total volumes handled at its UAE terminals increased by 6% to 4.6 million TEU.
Abu Dhabi Ports Revenues
In the second quarter of 2024, the Ports Group’s revenues increased by 83% year-on-year, reaching AED 563 million.
Abu Dhabi Ports Group leverages multi-purpose terminals as opportunities to develop new markets, with a geographic focus primarily on the Indian Subcontinent, Red Sea, Mediterranean, South Asia and Africa.
In 2023 and the first half of 2024, Abu Dhabi Ports Group signed agreements to develop and operate multi-purpose terminals in Safaga (Egypt), Pointe Noire (Republic of Congo), and Luanda (Angola). Preliminary agreements were signed to develop multi-purpose terminals in East Port Said and Sokhna in Egypt, and Chittagong in Bangladesh.
Operating in over 50 countries across the Middle East, North Africa, the Indian Subcontinent, Central and Southeast Asia and Europe, Abu Dhabi Ports Group is a diversified global conglomerate engaged in trade, transportation, logistics and industrial development and a major contributor to non-trading activities.
