Abu Dhabi Ports Group (ADX: ADPORTS) has confirmed that all operations within its business sectors are continuing as usual in light of recent regional developments.
As a precautionary measure, the group has activated its crisis management and business continuity protocols in collaboration with relevant authorities in the UAE. This aims to ensure the safety of its personnel, partners, and stakeholders while maintaining uninterrupted services to clients.
All ports and terminals in the UAE managed and operated by the group’s ports sector, along with associated services, are fully operational.
With a decrease in maritime traffic through the Strait of Hormuz, a similar reduction in the number of vessels arriving at Khalifa Port is anticipated. However, operations at Khalifa Port will continue to function at full capacity without any interruption. The group expects a rise in handling volumes across its diverse global network due to shifts in trade routes as a result of the ongoing regional developments.
Regarding the maritime and shipping sector, the vast majority of the group’s fleet of 122 vessels, including container ships, general cargo, roll-on/roll-off, and multipurpose ships, are operating in areas outside the Strait of Hormuz. The vessels currently in the strait are continuing shipping services within the Arabian Gulf. Overall, the impact on the maritime and shipping sector is expected to be limited, as is the effect on the economic cities, free zones, and logistics sector.
Operational Discipline
Captain Mohamed Juma Al Shamisi, Managing Director and CEO of Abu Dhabi Ports Group, stated: “Global trade has always demonstrated its ability to adapt to geopolitical challenges. Through operational discipline and proactive risk management, Abu Dhabi Ports Group continues to support the stability of supply chains and fulfill its commitments to clients across its global network, in line with the aspirations of our wise leadership.”
As an international trade facilitator with a diverse portfolio, Abu Dhabi Ports Group continues to closely monitor geopolitical developments, assessing any potential impacts on maritime shipping routes, supply chains, and global trade flows. The group will keep the markets informed of any relevant updates as the situation evolves.