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Shipping firms agree to launch service from Abu Dhabi

Shipping firms agree to launch service from Abu Dhabi
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A consortium of shipping firms -Orient Express Line (OEL), Simatech and X-Press Feeders – arrived at an agreement with Abu Dhabi Terminals (ADT) to launch service between Khalifa Port Container Terminal (KPCT) and India.

It may be noted that ADT is the manager and operator of Abu DhabiÂ’s four main commercial ports. The proposed direct service would link trade between Abu DhabiÂ’s KPCT and India.

The weekly, fixed service, known as the ‘IGI’ service, links the Arabian Peninsula to India and will add Abu Dhabi to its schedule when its calls at KPCT around 27 February 2013.

Once launched, the service would cater to key ports on IndiaÂ’s west coast, the Port of Mundra and the Port of Nhava Sheva. The service further strengthens the market profile of Khalifa Port Container Terminal, ensuring Abu DhabiÂ’s importers and exporters, as well as transhipment customers, receive fast and direct connectivity to two of the largest import or export hubs in India, reports indicate.

The service is expected to strengthen the growing importance of Khalifa Port Container Terminal as a regional and international shipping hub which offers an ever increasing network of main line and feeder services with direct access to the worldÂ’s major commercial centres and, in doing so, reducing the cost of trade for both national and foreign businesses.

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