EGA and Gulftainer to increase aluminium exports from UAE’s east coast — The National

Emirates Global Aluminium (EGA) in the United Arab Emirates has signed an agreement with port operator Gulftainer to increase aluminium exports from the country’s east coast. In the first year of the arrangement, EGA plans to ship up to 250,000 tonnes of metal via this route, The National reports.

Plans to increase shipments

In the second year, EGA intends to increase export volumes to 300,000 tonnes and subsequently continue expanding supplies. The company said the agreement is part of efforts to strengthen its logistics network for reliable aluminium deliveries to customers in more than 50 countries.

EGA Chief Executive Abdulnasser bin Kalban said the company has already made significant progress in diversifying its outbound logistics. According to him, the new agreement with Gulftainer will be another step towards ensuring reliable metal supplies.

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Expansion of the terminal in Khor Fakkan

Gulftainer, which operates the container terminal in Khor Fakkan on the UAE’s east coast, will develop port infrastructure to meet EGA’s export needs. The company also has port facilities in the emirate of Sharjah, Saudi Arabia, Iraq and the United States.

The operator plans to nearly triple the capacity of the Khor Fakkan terminal, from 3.5 million to 10 million twenty-foot equivalent units (TEU). Initially, capacity is to be increased to 5 million TEU within three months, then to 7 million and 10 million TEU within 24 and 36 months respectively. In July, Gulftainer announced $2 billion in investments in the development of Khor Fakkan, including quay and warehouse equipment, as well as the Al Dhaid and Sajaa dry ports.

The agreement was concluded amid plans by Emirati companies to diversify export routes bypassing the Strait of Hormuz. The National reports that shipping in the area is being disrupted by Iranian attacks on commercial vessels.