Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
By John Lee. Fly Erbil, Iraq's only Kurdish airline, successfully completed its first scheduled flight on Monday. The plane set off from Erbil International Airport en route to Stockholm in Sweden. The airline’s administrative director Ahmad Jamal told AFP that Fly Erbil currently has three planes and plans to increase to 10 in the future. […]
By John Lee. Iraq and Syria are said to be considering the possibility of reopening their border for the first time in several years. Syrian Arab News Agency (SANA) reported that Syria's Deputy Prime Minister Walid al-Moallem sent a letter to his Iraqi counterpart Ibrahim al-Jaafari hoping to increase efforts to reopen the border crossing […]
New pre-arrival clearance protocols and reduced terminal handling charges for containers in transit, mean that Jordan’s deep-water Aqaba Container Terminal (ACT), located on the Red Sea, is now a realistic alternative maritime gateway for Iraq-bound cargo, APM Terminals said in its press release. Containers imported into Iraq will no longer have to be trans-loaded onto […]
Basra Multi-purpose Terminal (BMT), the largest multi-purpose port facility in Iraq, announces a major development in the Port of Umm Qasr. Marking a significant expansion to their existing facilities, BMT will be increasing their total investment in Umm Qasr Port to over USD 200 million, aimed to further advance the port in the international trade […]
Japan's Mitsubishi Corporation has been awarded a contract for port construction in the Republic of Iraq. Extended by the General Company for Ports of Iraq (GCPI), the contract covers a port rehabilitation project in the country’s southern region of Basra, and is valued at approximately 110 million US dollars. The project is being funded through […]
By John Lee. The 82-meter yacht built for Saddam Hussein in 1981 is to be turned into a hotel for the pilots who guide shipping in and out of the port of Basra. The Iraqi government re-gained posession of the 'Basrah Breeze' in 2010 following a legal battle in the French courts. It subsequently failed […]
Sri Lanka's Colombo Dockyard PLC (CDPLC) has successfully secured a contract with Toyota Tsusho Corporation (TTC) of Japan to build two vessels; Pilot Station Vessel and Buoy Tender Vessel, for General Company for Ports of Iraq (GCPI). TTC and GCPI signed the Prime Contract on 27th April 2018 in Dubai. Subsequent to the signing of […]
Iraq Business News has learned of claims that Iraq's anti-corruption bodies are investigating the contract to operate the duty-free shops at Baghdad and Basra airports. Early last year we reported that the Iraqi Civil Aviation Authority (ICAA) and the Ministry of Transport had extended Iraq Duty Free's exclusive contract at the airports by ten years […]
Milaha Launches First Ever Container Feeder Service Between Qatar and Iraq Milaha, a Qatar-based maritime transport and logistics conglomerate, has announced the launch of a direct container feeder service between Qatar and Iraq. The new service, which will be an expansion of the existing Qatar-Kuwait service that the company launched last year, will follow a […]
By John Lee. Qatar's Civil Aviation Authority (CAA) has announced steps towards cooperation in air transport with Iraq. The announcement came during a visit by Iraq's Minister of Transport, Kadhim Finjan Al Hammami, during which he met Qatar's Minister of Transport and Communications Jassim bin Saif Al Sulaiti and CAA Chairman Abdullah bin Nasser Turki Al […]
By John Lee. A new shipping route has been announced between Qatar and Iraq. Serving Hamad Port in Qatar and Umm Qasr Port in Iraq, the first ship set to arrive in Iraqi on 1st May. The announcement was made during the meeting between Ministers of Transport of the two countries. (Source: The Peninsula Qatar, […]
The Iraq Britain Business Council (IBBC) has announced that Basra Gateway Terminal (BGT) has joined the Council. BGT is one of Iraq’s premier container and multi-purpose cargo handling facility, with a team of high-performing Iraqi and International port professionals who deliver customer-focused, high productivity and congestion-free port services to Iraq’s economy. Situated in Umm Qasr, […]
