Abu Dhabi Ports Signs 30-Year Deal with MSC to Build Terminal

By Alexander Cornwell ABU DHABI, May 7 (Reuters) - Abu Dhabi Ports has signed a 30-year concession agreement with Mediterranean Shipping Company (MSC) to build a new container terminal at its Khalifa Port. Abu Dhabi, the capital of the United Arab Emirates (UAE), has spent billions developing the port, which opened in 2012, as part of ongoing efforts to diversify its … [Read more...]