--- title: "COSCO Shipping Ports forms Abu Dhabi CFS joint venture with COSCO Shipping HK via US$ 14.11 million share subscription" type: "News" locale: "en" url: "https://longbridge.com/en/news/290949362.md" description: "COSCO Shipping Ports is forming a joint venture with COSCO Shipping (Hong Kong) for an Abu Dhabi container freight station. COSCO HK will invest US$14.11 million for a 40% stake, while COSCO Ports retains 60% control. The parties will provide US$133.9 million in shareholder loans to fund a phase-two expansion at Khalifa Port, targeting operations by 2027. Completion is expected within five business days of meeting conditions." datetime: "2026-06-26T10:16:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290949362.md) - [en](https://longbridge.com/en/news/290949362.md) - [zh-HK](https://longbridge.com/zh-HK/news/290949362.md) generator: "portal-rs" --- # COSCO Shipping Ports forms Abu Dhabi CFS joint venture with COSCO Shipping HK via US$ 14.11 million share subscription - COSCO Shipping Ports will form an Abu Dhabi container freight station joint venture with COSCO Shipping (Hong Kong) via a 40% equity subscription. \* COSCO Shipping (Hong Kong) to invest US$ 14.11 million for 11,333,334 new shares, leaving COSCO Shipping Ports with 60% control. \* Parties to provide US$ 133.9 million in shareholder loans to fund phase-two expansion, split US$ 53.56 million and US$ 80.34 million. \* Target business operates CFS services at Khalifa Port; capacity near saturation, expansion targeted to start operations in 2027. \* Completion expected five business days after conditions are met; long-stop date set for June 30, 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. COSCO Shipping Ports Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260626-12217642), on June 26, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) ### Related Stocks - [01199.HK](https://longbridge.com/en/quote/01199.HK.md) - [00517.HK](https://longbridge.com/en/quote/00517.HK.md) - [00388.HK](https://longbridge.com/en/quote/00388.HK.md) - [80388.HK](https://longbridge.com/en/quote/80388.HK.md) - [HKXCY.US](https://longbridge.com/en/quote/HKXCY.US.md) ## Related News & Research - [COSCO Shipping Ports FY26 1H profit attributable to equity holders climbs 28.5% to US$ 233.67 million; revenue rises 12.3% to US$ 905.34 million](https://longbridge.com/en/news/297291732.md) - [COSCO Shipping Ports declares first interim dividend of HKD 0.185 a share](https://longbridge.com/en/news/297295233.md) - [Why the AI boom has become an election problem](https://longbridge.com/en/news/297766132.md) - [LC Logistics rebrands as LC Group Holding](https://longbridge.com/en/news/297906783.md) - [Cosco Shipping International FY26 H1 profit attributable to equity holders slips 0.3% to HK$ 485.64 million; revenue rises 8% to HK$ 2.09 billion](https://longbridge.com/en/news/297262830.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**