Saud bin Saqr witnesses RAK Ports and Hutchison agreement signing

Sharjah24 – WAM: His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah on Tuesday witnessed the signing of an extension agreement between RAK Ports and Hutchison Port Holdings. Under the new agreement, Hutchison will continue to provide container terminal services at Saqr Port — the largest bulk-handling port in the Middle East — until 2037.

Speaking at the signing, His Highness Sheikh Saud emphasized that ports are an essential element of Ras Al Khaimah’s logistical infrastructure, serving as vital gateways for trade and economic prosperity. He highlighted that the continued development of the Emirate’s ports is critical to strengthening Ras Al Khaimah’s global standing and ensuring future success and growth.

The agreement reflects a shared vision for sustainable growth, increased competitiveness, and enhanced value creation for port users. Saqr Port boasts strong connectivity across the Arabian Gulf and has recently established direct container services with Mundra Port in India, one of the subcontinent’s busiest trade gateways. Building on this momentum, the ongoing collaboration between RAK Ports and Hutchison Ports aims to unlock further connectivity across key Asian markets, reinforcing Saqr Port’s role as a strategic trade enabler in the wider region.

The agreement was signed by Roy Cummins, Chief Executive Officer of RAK Ports, and Andy Tsoi, Managing Director, Middle East and Africa, of Hutchison Port Holdings.

Commenting on the extension, Roy Cummins said: “The signing of this extension agreement underscores Ras Al Khaimah’s commitment to enhancing its maritime and logistical capabilities, positioning the Emirate as a key gateway for regional and global trade. The agreement also reaffirms our confidence in Hutchison Ports as a strategic partner and in the transformative potential of Saqr Port as a catalyst for growth. Together, we are building the foundations for a new era of opportunity for our customers, stakeholders, and the wider Ras Al Khaimah economy.”

The strengthened partnership between RAK Ports and Hutchison Port Holdings signals continued investment into the infrastructure needed to support Ras Al Khaimah’s economic ambitions, driving future prosperity and regional leadership in global trade connectivity.