Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
By John Lee. Philippines-based port company International Container Terminal Services Inc (ICTSI) is to open a new section of its Umm Qasr port in October. The VP and Head of Asia-Pacific region, Christian Gonzalez, is quoted as saying that the company has allocated $420 million in capital expenditure for 2016, to be used for the […]
By John Lee. The State Oil Marketing Organization (SOMO) has reportedly blacklisted three tankers involved in shipping crude oil from Iraqi Kurdistan. The company, part of the Ministry of Oil, said it would no longer allow the ships Maran Centaurus, Four Smile and SN Olivia, which had been shipping Kurdish oil, to enter Iraqi ports […]
By John Lee. Lafarge Iraq has signed an agreement with Iraq's General Company for Land Transportation (GCLT) to transport cement. The contract is the largest in the history of the GCLT, which is owned by Iraq's Ministry for Transport. It will run for one year, and may be extended for five years. Lafarge Iraq is […]
By John Lee. Bukkehave Inc. of Fort Lauderdale, Florida, has been awarded a $13,489,972 contract to supply 300 Toyota Land Cruiser pickup trucks and common spare parts for Iraq. Work will be performed in Oman, with an estimated completion date of Dec. 30, 2016. The company is headquartered in Denmark. (Source: US Dept of Defense) […]
By John Lee. Oman Air has announced that it will start flights between Muscat and Najaf. The non-stop service will operate four times a week from 15th September. (Source: Times Of Oman)
Turkish Airlines has commenced direct between Erbil and Gaziantep Airport. Starting today (Friday), roundtrip flights will be operated 2 times per week in both directions. (Source: Turkish Airlines)
By John Lee. Iraq has been ranked 149th out of 160 countries in the World Bank's Logistics Performance Index (LPI), an fall of 8 places since the previous report in 2014. The LPI is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics […]
By John Lee. The European Commission has updated the EU Air Safety List, the list of airlines that do not meet international safety standards, and are therefore subject to an operating ban or operational restrictions within the European Union. Among the airlines still banned from EU skies are Iraqi Airways, due to safety concerns. EU […]
By John Lee. Philippines-based International Container Terminal Services (ICTSI) is investing $130 million in Umm Qasr port, according to a report from Reuters. The Manila-based port management company signed a contract with General Company for Ports of Iraq involving the container facilities at Umm Qasr; it will operate, develop and expand the port. The three-stage […]
By John Lee. UK-based Serco has agreed a contract extension with the Iraq Civil Aviation Authority (ICAA) to deliver air traffic services and academy training. David J. Greer OBE, CEO, Serco Middle East commented: "The contract extension issued to Serco is a true testament of our work and approach to air traffic safety and training […]
American Science and Engineering (AS&E) has announced that it has received an order to supply its Z Portal cargo screening system and Gemini parcel inspection systems to Najaf International Airport. Chuck Dougherty, AS&E's President and CEO, said: "We are proud to have been selected by Najaf Airport, one of Iraq's busiest airports, to provide the […]
By John Lee. ALE has been awarded several contracts at the Karbala Refinery Project. The deals include the provision of approximately 50 crawler, rough terrain and mobile cranes, the execution of heavy lifting operations, as well as the heavy transportation of approximately 45 oversized items, weighing up to 250 tonnes each. The project has already […]
