Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
By John Lee. Saudi Arabia is reportedly planning to re-open the Arar [Ar'ar] border crossing with Iraq for the first time since 1990. Sohaib al-Rawi, the governor of Anbar province, is quoted as saying that the Iraqi government had deployed troops to protect the desert route leading to Arar and called its opening a "significant […]
The Commission of Integrity has denied reports on the release of Iraqi Airways chairman following his arrest "red-handed" taking a bribe. A commission statement on August 15 said that reports by some media outlets that claimed the release of Samer Kabba, the Iraqi Airways chairman, were untrue. The statement said the investigating judge referred the […]
Panalpina, the Swiss-based provider of supply chain solutions, has won what it describes as its "largest award with a specific oil and gas major to date". The company was awarded with a contract to manage transportation for a gas project in Iraq, for a minimum of five years, involve high air and LCL (less than […]
By John Lee. Al-Iraqia Shipping Services & Oil Trading (AISSOT) has announced it will start bunkering operations at several Iraqi ports, with a focus on Basra, Khor Al-Zubair and Umm Qasr. According to a report from Ship and Bunker, the company -- a joint-venture company of Iraqi Oil Tankers Company (IOTC) and Arab Maritime Petroleum […]
Erbil International Airport (EIA) this week signed a partnership deal with Lufthansa Consulting, part of the Lufthansa Group, to support the development and implementation of its masterplan. The contract, funded by EIA, will secure for the airport key expertise across a range of airport disciplines from project management, through planning, design, cargo, security and safety. […]
Estonian-based Taxify, which describes itself as Europe’s fastest-growing ride-sharing platform, has launched its service in Baghdad, with hundreds of drivers signed up to the platform and ready to accept rides. City Manager of Taxify Iraq, Moammar Hasan describes the service as an app connecting riders, who are looking for a quick and comfortable ride with […]
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)
