Fully-laden cape makes landmark voyage to the UAE

Fully-laden cape makes landmark voyage to the UAE

The changing global trading patterns of capesizes celebrated another landmark moment recently.

Kawasaki Kisen Kaisha (K Line) revealed today its fully-laden Cape Taweelah called at Khalifa port in the United Arab Emirates on June 23 with a cargo of bauxite from Kamsar in Guinea destined for client Emirates Global Aluminium (EGA). The shipment was the first in a long-term voyage contract K Line has sealed with EGA and marks the first fully-laden cape to call at any port in the Gulf Cooperation Council area – a region that includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE.

EGA is equally-owned by Mubadala Investment Company of Abu Dhabi and the Investment Corporation of Dubai, which is the largest industrial company in UAE outside the oil and gas industry and the largest company jointly owned by the two Emirates. EGA began production at its new Al Taweelah alumina refinery in April.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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