Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
Iraq's Transportation Ministry sent a crew of five sailors to China to take delivery of a new $14m (16.3bn IQD) ship for the Iraqi fleet. The Iraqi Naval Transportation Company contracted China's ANT to construct the 7,000-ton ship, which will carry goods from China to Iraq and will "reinforce Iraqi marine trade". This brings to […]
Bloomberg reports that Iraq is attracting the attention of global automakers including General Motors, Ford and Volkswagen. Western cars were shut out of the Iraqi market by sanctions during the Saddam Hussein era, and even today there are many old VW Passats that were shipped to Iraq from Brazil between 1983 and 1990 in exchange […]
The European Commission has imposed fines totalling 169 million euros on 14 freight forwarding companies for conspiring to fix the prices of surcharges. In 2003, soon after the UK introduced electronic declarations for exports, the companies broke the law by conspiring to levy a surcharge for this reporting service, according to the Financial Times. They agreed […]
Turkish Airlines hopes to increase the number of flights between Turkey and Basra from four to seven per week. Farouk Qaimagja, of the Turkish Consulate in Basra, told AKnews: "We are working seriously to reach this number of flights per week. We hope that this will be achieved as soon as possible through the cooperation […]
Iraq’s Minister of Transport Hadi al-Amiri (pictured) talks to NIQASH about Iraq’s role in alleged Iranian weapons smuggling into Syria as well US spy drones over Iraq monitoring Iranian activities. “It’s a lie,” al-Amiri says. Al-Amiri also talks about how a recent visit to Iraq’s neighbour, Kuwait, could see Iraqi Airways flying again. And he […]
Gulftainer, the largest privately owned port operator in the world based in Sharjah, has recently appointed Jay New as its new Commercial Director. Jay will be based in the Sharjah headquarters, overseeing and progressing the company's commercial operations in the region and worldwide. Jay has worked in the ports, shipping and logistics field for over […]
Cyprus Airway is expected to resume flights to Iraqi Kurdistan next month, reports AKnews. The carrier is planning to re-launch flights to Erbil on April 11, according to Erbil International Airport's relations adviser Andrew Jones. Cyprus Airway operated four flights to Erbil in July last year but then stopped the service. Cyprus Airway will operate […]
Iraq announced on Wednesday that it had finalised several agreements with Kuwait on long-running disputes, including the issue of of compensation to Kuwaiti Airways from Iraqi Airways. Under the deal, Iraq will pay Kuwait $300 million in cash and will invest another $200 million in a joint Iraqi-Kuwaiti airline venture, to settle a claim by […]
Qatar Airways has announced further expansion of its rapidly-growing international network with five new passenger routes, more cargo services and capacity increases to a number of destinations served direct from the airline’s Doha hub. Among the new routes are two new destinations in Iraq – the northern city of Erbil and capital Baghdad. Both routes […]
In addition to the Iraq Container Terminal in Umm Qasr port, Basrah Province, the Gulftainer Group is fully engaged in Iraq aiming to provide the port, transport and logistics links so necessary to assist in ef cient redevelopment – all the way from Zakho in the North (on the Turkish border) to Umm Qasr in the […]
The U.S. Embassy wishes to inform U.S. citizens living and working in Iraq that the Government of Iraq will host the Arab League Summit in Baghdad March 27-29, 2012. During this period, the Government of Iraq may take extraordinary security precautions which could have a significant impact on travel throughout Baghdad. The Embassy recommends that […]
Aswat al-Iraq reports that the Iraqi Maritime Company has signed a Memorandum of Understanding (MoU) with the Norwegian company Golden Ocean to build vessels for the Ministry of Transportation. The company discussed the possibilities of building ships for Iraq either through cash or on a deferred payment basis. According to the report, he Norwegian company […]
