Norton Rose Fulbright advises DBS on financing of Khalifa Port Container Terminal Phase 2

Press release - Business December 20, 2018

Global law firm Norton Rose Fulbright has advised DBS Bank Ltd. on the financing for the development, design, engineering, management and operation of the Khalifa Port Container Terminal Phase 2 in United Arab Emirates. A concession for the expansion was granted by the Abu Dhabi Ports Company PJSC (AD Ports) to a special purpose vehicle established jointly by AD Ports and COSCO SHIPPING Ports Limited, a subsidiary of China COSCO, in September 2016. Following the expansion, the terminal is expected to have a nominal annual capacity of 2,500,000 TEUs.

DBS Bank Ltd. provided senior committed term financing of US$260,000,000.  

Nick Merritt, global head of infrastructure, mining and commodities commented:

“We are delighted to have advised DBS in the financing of this major project. It is significant for expanding the trade links between the UAE and China.”

The Norton Rose Fulbright team was led by Nick Merritt with assistance from Singapore based partner Colin Rice, of counsel Selene Tan and senior associates Aditya Rebbapragada and Aditi Aparajita along with Dubai team, partner Paul Mansouri, of counsel Louisa Lynch and associates Seya Rahnema and Noren Bhulji.

For further information please contact:

Kate Farrell, Public Relations Executive
Tel: +44 (0) 20 7444 3724; Mob: +44 (0) 7515 324 290

Notes for editors:

Norton Rose Fulbright 

Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East.

Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.

Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.

Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see