Iraq buys Freighter for $14m

Iraq has reportedly spent $14 million (16 billion IQD) a 7,000 ton commercial freighter called the Baghdad.

Samir al-Karkhi, the director of the Marine Shipping Company, told AKnews the vessel will enter service in February and will address many of the obstacles faced by shipping in Iraq.

“The Ministry of Transport is making great efforts to restore the merchant fleet in the country.”

Iraq is trying to refurbish and rebuild its merchant navy by buying nine large ships at a cost of $110 million (128 billion IQD).

(Source: AKnews)

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