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Uzbekistan joins World Logistics Passport

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Uzbekistan joins World Logistics Passport. Image: DP World
Uzbekistan joins World Logistics Passport. Image: DP World
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Uzbekistan is the latest gateway to join the World Logistics Passport, connecting it to the network of the world’s first freight loyalty scheme across Asia, Africa and Latin America.

In a boost to its global trade networks and partnerships, Uzbekistan has joined the World Logistics Passport as a Gateway. The signing event took place in Tashkent and was attended by H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy; H.E. Sardor Umurzakov, Deputy Prime Minister and Minister of Investment and Foreign Trade, Republic of Uzbekistan and Mahmood Ahmed Al Bastaki, Chief Operating Officer, DT World and General Manager of the WLP.

The WLP is a global, private sector-led, initiative designed to smooth the flow of global trade, unlock market access and provide economic efficiencies to members. With its global presence, it is providing benefits to members such as priority handling and faster clearance – helping to reduce supply chain costs and increase trade volumes.

The WLP will bring increased traffic and revenues for Uzbekistani traders, will increase visibility of Uzbekistan to the WLP global network and will boost global connectivity. The Government of Uzbekistan will also be on hand to facilitate and support traders in Uzbekistan to register as WLP members.

With the World Bank predicting that the country’s economy will grow by 4.8% in 2021, this partnership is set to spur trade between Uzbekistan and the world. Uzbekistan is Central Asia’s largest consumer market, and a leading exporter of cherries, apricots, and carrots. With its growing economy driving domestic consumption complemented by demand for exports, the country’s trading ecosystem is set to unlock numerous benefits.

As a Gateway, Uzbekistan will be able to access the benefits of the WLP when trading via the UAE, where it joins a network of Hubs and many other Gateways that span Latin America, Asia, the Middle East, and Africa. Other countries that are part of the WLP network include India, Kazakhstan, Thailand, Brazil, Senegal, South Africa, and the UAE, amongst others.

“We are delighted to welcome Uzbekistan to the World Logistics Passport. Our program helps countries grow their economies and create jobs by boosting trade, and making their products more competitive and accessible through more efficient supply chains.” ,Mahmood Ahmed Al Bastaki, Chief Operating Officer, DT World and General Manager of the WLP, said. He added, “As Uzbekistan continues its export-driven economic program, traders in the country will now be able to expand and discover opportunities through our network of Hubs and Gateways across Latin America, Asia, Africa and the Middle East.”

H.E. Laziz Kudratov – First Deputy Minister of Investments and Foreign Trade of the Republic of Uzbekistan, said: “WLP membership is great news for traders and freight forwarders who will benefit from a network of multimodal trade Hubs across the global South by delivering time- and cost- efficiencies. We look forward to the development of Uzbekistan as a WLP Gateway, opening up new opportunities for the country”.

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Container Terminal

Tollerort to become preferred hub for COSCO services

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Tollerort to become preferred hub for COSCO services. Image: HHLA
Tollerort to become preferred hub for COSCO services. Image: HHLA
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Hamburger Hafen und Logistik AG and COSCO Shipping Ports Limited successfully concluded negotiations about a strategic investment by CSPL in HHLA Container Terminal Tollerort. CSPL, a terminal operator listed on the Hong Kong stock exchange and member of the COSCO Shipping Group, takes on a 35 percent minority share in the Hamburg container terminal.

HHLA expects the participation to strengthen the relationship with its Chinese partner, as well as long-term planning security for Container Terminal Tollerort and secured capacity and employment in the Port of Hamburg. With the minority interest of CSPL, CTT will become a “preferred hub” in Europe, meaning it will be the preferred transshipment point for COSCO, where cargo flows will be concentrated.

Angela Titzrath, Chairwoman of HHLA’s Executive Board: “The maritime world is currently facing intense changes. Long-term, trusting customer relationships – like the ones HHLA has tended to for 40 years in trade with China – are that much more important now. The first Chinese vessel was processed at Tollerort back in 1982. Since then, the terminal has become a hub for liner services of what is now COSCO Shipping Lines. Against this background, HHLA and COSCO equally pursue the goal of successfully securing the future of CTT and an even more efficient dovetailing of Chinese logistics flows in Hamburg.”

Zhang Dayu, Managing Director of CSPL: “Container Terminal Tollerort in Hamburg is a keystone of logistics in Europe and has excellent future development prospects. We look forward to working together with our partner HHLA to unleash the existing potential and further develop the terminal.”

Among others, two Far East services, a Mediterranean service and a Baltic feeder service of COSCO are handled at CTT today. Notwithstanding the agreed minority interest of CSPL, CTT will continue to be open to all shipping lines.

CTT is one of three HHLA container terminals at the Port of Hamburg. The terminal has four berths and 14 container gantry cranes. COSCO’s largest container ships with a capacity of 20,000 TEU and more are handled here. With its five tracks, the terminal’s own railway station is excellently connected to the hinterland, meaning goods can be moved quickly between CTT and European destinations.

The Port of Hamburg is the most important logistical hub for maritime and continental goods trade between China and Europe. Nearly every third container that is handled in Hamburg has its origin in China or is destined for the Chinese market. Through this strategic partnership with CSPL, it is not just CTT and HHLA that will benefit – Hamburg’s position as a logistical hub in the European North Range and for the Baltic region will also be strengthened.

The closing of the transaction is subject to various competition and foreign trade approvals. HHLA’s Supervisory Board has already approved the minority interest.

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Container Terminal

“Ever Ace” visits HHLA

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"Ever Ace" visits HHLA. Image: HHLA
"Ever Ace" visits HHLA. Image: HHLA
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On Wednesday evening, the 24,000 TEU mega-carrier “Ever Ace” of the Taiwanese shipping company Evergreen berthed at HHLA Container Terminal Burchardkai (CTB) on its maiden voyage. The newbuilding, which was launched at the South Korean shipyard Samsung Heavy Industries at the end of July, is currently the world’s largest container vessel with a length of 400 metres and a width of 61.5 metres.

The “Ever Ace” is the first ship in a series of twelve newbuildings that will be delivered to Evergreen by 2024. She operates in a regular liner service between the Far East and Northern Europe. At Burchardkai, the mega-carrier discharges and loads more than 8,800 standard containers (TEU). Up to six container gantry cranes work on the ship at the same time.

In recent years HHLA has prepared for the increasing ship sizes in container shipping with a whole package of measures. These include a third mega-ship berth with five new container gantry cranes at CTB. HHLA has thus created additional capacities for handling ultra large container vessels with a cargo volume of 24,000 TEU and more.

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AD Ports and CMA CGM to build semi-automated container port

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AD Ports and CMA CGM to build semi-automated container port. Image: AD Ports
AD Ports and CMA CGM to build semi-automated container port. Image: AD Ports
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AD Ports Group, the region’s premier facilitator of logistics, industry, and trade, and France-based CMA CGM Group, a world leader in shipping and logistics have announced the signing of a 35-year concession agreement.

Under the terms of the agreement, a new terminal will be established in Khalifa Port, the first semi-automated container port in the GCC region, which will be managed by a joint venture owned by CMA CGM’s subsidiary CMA Terminals and AD Ports Group. The partners are expected to commit approximately AED 570 million to the project.

A state-of-the-art terminal to accompany the growth of Khalifa Port

With construction starting in 2021, the new terminal is set to be handed over in 2024 with, in phase 1, an initial quay length of 800 metres and an estimated annual capacity of 1.8 million TEUs. AD Ports Group will be responsible for developing a wide range of supporting marine works and infrastructure. This includes up to a total of 1,200 metres of quay wall, a 3,800-metre breakwater, a fully built-out rail platform, and 700,000sqm of terminal yard.

The terminal will provide CMA CGM with a new regional hub and will enable the Group to develop its service offering between Abu Dhabi and South Asia, Western Asia, East Africa, Europe and the Mediterranean as well as the Middle East and the Indian sub-continent.

With this major investment, the CMA CGM Group pushes ahead with its global expansion strategy as a leading terminal operator. The Group currently operates 49 port terminals in 27 countries via its subsidiaries CMA Terminals and Terminal Link.

Khalifa Port, a hub for three of the world’s top four shipping companies.

CMA CGM Group is the third of the world’s top-four shipping entities to join forces with Abu Dhabi’s leading facilitator of trade, logistics and industry. The agreement confirms Khalifa Port’s standing as one of only a few major ports in the world providing hubs for three of the world’s top shipping lines, as well as serving as an instrumental part of the global maritime trade connecting markets from east to west.

CMA CGM, a committed partner to the UAE’s economy

The UAE and Abu Dhabi’s central geographical location, at the center of international trade routes, enables the CMA CGM Group to implement strategic development plans, strengthening its position in the Gulf and providing the best services to meet its customers’ needs.

Present in the UAE for 15 years, the CMA CGM Group employs around 450 people working within 10 offices to provide customers with the best maritime and logistics service solutions. The Group connects the UAE to the world with 13 weekly services to 9 ports.

H.E. Falah Mohammed Al Ahbabi, Chairman of AD Ports Group, said: “One of the key factors that has greatly contributed to the economic growth of Abu Dhabi and the UAE has been our stable economic environment that is ripe for foreign investment. Coupled with competitive free zone and business engagement initiatives that aid foreign businesses in establishing a presence in the country with ease, the UAE has become a key investment destination among many of the world’s leading players seeking to extend their reach into the Middle East. This landmark agreement with the CMA CGM Group is a prime example of those continued efforts and one that will significantly accelerate trade and the development of industry in the UAE and beyond. As well as driving increased trade volumes through our port and elevating the UAE’s economic development, we expect the facility’s capacity and added trade links with other high-profile port destinations will drive investment into local businesses and our industrial zones, fast-track the development of key sectors including manufacturing and logistics, and raise demand for manpower.” He added ,”This agreement will aid us to realise our long-term ambitions to become a top 10 ports, industrial, and logistics operator by expanding our capacity and growth across the region and beyond. In all, we project that over the next five years the CMA Terminals joint venture will drive the further development of the Khalifa Industrial Zone Abu Dhabi (KIZAD), while simultaneously contributing significantly to the national GDP.”

Captain Mohamed Juma Al Shamisi, Group CEO, AD Ports Group, said: “The addition of a new container terminal at Khalifa Port, which will be managed by a joint venture formed in collaboration with CMA Terminals, opens a new chapter in our organisation’s efforts to become a key facilitator of global trade, and elevates Abu Dhabi’s standing as both a regional and an international hub for maritime trade. “With the addition of another leading worldwide shipping group company, will make Khalifa Port a hub for three of the world’s top four shipping companies. This addition creates opportunities to open trade routes to new markets in Europe, Africa, Western Asia, and South Asia. At home, we expect the presence of the shipping line terminal, which will link directly to Khalifa Port’s upcoming rail terminal and utilise its services, to accelerate trade flows moving in and out of the UAE, while also encouraging CMA CGM Group’s customers to consider establishing a presence in Abu Dhabi.”

Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, said: “The ambitious project we are launching in Abu Dhabi marks an important milestone in CMA CGM’s development strategy in the region. This state-of-the-art terminal will contribute to enhancing Khalifa Port’s position as a leading global hub and to boosting the region’s economy, accelerating trade flows in and out of Abu Dhabi. It will also enable our Group to expand its shipping and logistics network in the region, where we see a lot of growth potential.”

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