Etihad Rail, NewPort sign partnership deal
Abu Dhabi, July 21, 2014
Etihad Rail has entered into a partnership with NewPort Tank Containers, aimed providing cost-effective cargo transport services.
The Memorandum of Understanding (MoU) was signed by Faris Saif Al Mazrouei, acting CEO of Etihad Rail, the developer and operator of the UAE’s national railway, and Pim van den Doel, general manager Middle East and India of NewPort Tank Containers, a leading global tank container operator with substantial operations in all major trade lanes.
The agreement will allow NewPort, a global, bulk liquid, logistics platform specialising in tank container transport, to adopt rail as a transport solution for its shipping and logistics services in the region.
“The national railway network will enhance our country’s reputation as a logistics hub. We look forward to facilitating the safe, efficient and cost-effective delivery of NewPort’s shipping services in the UAE and adjoining regions,” said Al Mazrouei.
“NewPort is expanding its global operations,” said den Doel. “We have established a strong presence in the Middle East and appreciate the importance of intermodal transport for further growth in the region.”
“Rail transport is ideal for handling materials in bulk quantities, and allows us to enhance our service efficiency in the region. The Etihad Rail network will play an important role in helping us provide our customers with a complete package of superior logistics and cost efficient services,” he added.
Upon completion, the Etihad Rail will cater to both freight and passengers, spanning approximately 1,200 km across the UAE. The rail network will connect urban and peripheral communities, facilitate trade, open up communication channels and foster economic development across all seven emirates.
The network will also form a vital part of the GCC railway network, linking the UAE to Saudi Arabia via Ghweifat in the west and to Oman via Al Ain in the east. - TradeArabia News Service