Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
By John Lee. Kuwait's Wataniya Airways is to commence return flights to Najaf from 23rd August. According to ArabianBusiness, the route will be served by a newly-delivered Airbus A320. The airline was recently granted a licence to operate at Kuwait International Airport, following a six-year break from business due to financial difficulties. (Source: ArabianBusiness)
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 […]
On 19 July, the army chiefs of both Jordan and Iraq discussed the mechanism for the reopening of the Trebil border crossing between Jordan and Iraq for international trade. The statement was made at a joint press conference in Baghdad following a meeting between Jordanian Lt General Mahmoud Abdul Halim Freihat and Iraqi Gen Othman […]
By John Lee. Kuwait's Ministry of Finance and Kuwait Airways Corporation (KAC) are reported to have been coordinating efforts to receive $500 million from Iraqi Airways. The money is scheduled to be paid in one or two tranches over the next few months. According to Arab Times, an initial agreement for Iraq Airways to pay $300 […]
France's Airbus has delivered the final two of four helicopters from the H145 family ordered by the Iraq Ministry of Oil. The contract with the South Oil Company (SOC), a government owned company of the Iraqi Ministry of Oil, was signed in June 2014. The Iraqi Ministry of Oil has selected Airbus as its helicopter […]
By John Lee. One of the largest shipments ever to be moved on Iraq's roads, this electrostatic desalter vessel weighs in at over 200 tonnes, and is over 44 meters long. It was moved into place recently at BP's Rumaila oil field. (Source: BP)
Maneuvering through narrow streets in the stifling heat, 24 Sarens employees and 5 police officers successfully delivered an oil rig to the North Rumaila Oil Field in southern Iraq. This super-giant oil field is an important resource: it contains an estimated 17 billion barrels of oil, or 12% of the country's reserves. Sarens performed the […]
The Head of the Parliamentary Finance Committee, Mohammed al-Halboussi, has reportedly requested that the Iraqi government expedite the approval of the protection and security contract for the International Highway between Iraq and Jordan and allow the re-opening of the border-crossing between the two countries. Halboussi stated that the project was considered an exceptional one, which […]
By John Lee. A British academic has said that visiting Iraq has caused him to have problems entering the United States. Writing in Times Higher Education, Nick Petford, Vice-Chancellor of the University of Northampton, said: "My forays [into Iraq] have not been without consequence. In March this year I fell foul of Donald Trump’s travel restrictions […]
By Mustafa Saadoun for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is trying to revive the Trebil border crossing between Iraq and Jordan, which was closed in 2014 after the Islamic State (IS) took control of Anbar province. But […]
By Wassim Bassem for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Even if it were true that Sumerians built the first airport at Nasiriyah in 5000 BC, as Iraqi Transport Minister Kazem Finjan claimed in October, they would be shocked […]
By John Lee. Philippines-based International Container Terminal Services Inc. (ICTSI) has said it has increased its volumes by 12 percent over the past year, mainly due to the continuing volume ramp-up at its terminal at Umm Qasr port. The company inaugurated the first phase of its $130-million greenfield port development at Basra Gateway Terminal (BGT) […]
