Tag Archives | shipping

Iraq receives its Largest Container Vessel

By John Lee. The largest container vessel to call at an Iraqi port has been unloaded at Gulftainer’s Iraq Container Terminal (ICT) earlier this month. According to TradeArabia, the YM Wealth, owned by Taiwan-based Yang Ming Marine Transport Corporation, discharged and loaded over 2,500 containers. The shipping line shows the 68,616-ton vessel as having been […]

MAG Boosts Iraq Shipping Capacity by 60%

By John Lee. Dubai-based MAG Container Lines (MCL), a division of the multinational MAG Group, has added three new automated vessels to its existing fleet on the UAE-Iraq route. According to the report from TradeArabia, the addition of the Al Hussein, MAG Bride (pictured) and MAG Pearl boosts the company’s potential capacity on the route by 60 […]

Maersk Line Establishes Iraq Presence

Maersk Line has opened a new branch in the port of Umm Qasr, in the Basrah region of Iraq. Until very recently Iraq was seen as being too dangerous for Maersk Line to risk opening an office. Thankfully conditions are changing, and Maersk Line is determined to do its bit to both capture business for […]

Iraq to Order Eight Cargo Vessels

Iraq will offer contracts for the construction of eight cargo ships over the next four years in an effort to expand its fleet, reports Bloomberg. The government also expects to take delivery of a $14 million cargo vessel in the next two weeks. The vessel, built by the Avic Dingheng Shipbuilding Company of China, is […]

Iran, Iraq to Launch Joint Shipping Line

The Managing-Director of Iran’s Ports and Maritime Organization (PMO), Seyed Ataollah Sadr, announced on Sunday that Iran and Iraq have reached an agreement on launching a joint shipping line. Speaking to the Iranian Fars News Agency, Sadr said the move will provide the groundwork for private companies from both countries’ to set up a joint […]

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Iraq to Buy 3 More Ships from South Korea

Iraq’s Transport Ministry said on Monday that it had agreed with the South Korean Doosan company to buy three 17,000 tonne vessels at a cost of $73 million (85 billion IQD), according to AKnews. Samir al-Karkhi, director of Marine Shipping Company, told the news agency that the Ministry of Transport is making efforts to restore […]