Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
Southern Iraq's Maaqal Terminal port in Basra Province has received 288 ships in 2010, more than it did in any year since 1980, a Transport Ministry statement said. "The reason for such large number of ships, that was received by Maaqal Terminal in 2010, is due to the projects built as part of the reconstruction […]
The first annual Iraq Airport Expansion Cargo and Logistics (IAECL) conference & exhibition will be held in Erbil on the 26th and 28th of April, 2011, at the Erbil international fair grounds. Iraq’s major airports are being re-developed, and provincial governments are upgrading existing airports as well as planning the construction of new airports. Cargo […]
Iraq's Transport Ministry revealed on Thursday that it has signed a contract with a German company to buy 15 civilian aircraft to be delivered by 2013. According to the report from AKnews, this indicates that the ministry plans to contract with international airlines to operate flights to the country, on the condition that about 45% […]
According to a report from AKnews, the Media director of the Iraqi ports announced on Wednesday that Maaqel [Maaqal] port in Basra has established all the facilities required to receive the first shipment of oil equipment for Shell's Majnoon oil field in north of the province. Anmar al-Safi told the agency that Iraq's Transport Ministry […]
[Please click here for update] The Iraqi National Rail Company announced on Sunday that under its supervision the urban rail project in the Iraqi capital will be completed in 2013.. According to AKnews, the company’s press secretary, Jawad Kharsani, said the project will be carried out in conjunction with the French company Tharyom (sic) [Iraq […]
According to a report from Iraq's National Media Centre, the new port at Faw [Fao], when completed, will reduce transport costs between Europe and Asia. Salah al-Khadir said the project will shorten the distance between Iraq and the other countries of the world, and especially the vessels coming from Asia to Eastern Europe, indicating that […]
An appeal by the Iraqi government against Kuwait Airways' (KAC) claim over the theft of its aircraft during the Iraqi invasion of Kuwait has been summarily dismissed by a Canadian court of appeal, Arabian Aerospace has reported. Last year, KAC seized Iraqi Airways and the State of Iraq interests in an order of new aircraft […]
The Iraqi Transport Ministry said on Sunday evening that the national rail company loses 72 billion Iraqi Dinars ($62m) each year due to high payroll expenditure and low annual revenues of less than 12bn Iraqi Dinars ($10m). Speaking to AKnews, the General Director of the Iraqi National Rail Company, Jawad al-Kharasani, complained that the network’s […]
The head of the Arab Gulf Studies Center in Basra University said on Monday that the center will hold a seminar to discuss the economic feasibility of the planned Faw port to be built in the Ras al-Bayshah area of Basra province. The center's director, Jassim Ghali Roumi, told AKnews that the seminar commissioned by […]
Greek charter carrier Viking Hellas has teamed up with a consortium of German and Iraqi investors to launch a new joint venture in Iraq called Viking Middle East. Viking Hellas already operates a number of services between its Athens base and destinations in Iraq, and according to the report from Flight Global is planning to […]
Iraq has allocated $100m [117 billion Iraqi dinars] for the purchase of nine ships, said a source at the state-run Maritime Transport Company. According to Azzaman, the source said the ships will be mainly used for the import of foodstuffs to the country. The ships will have a capacity of 15,000 to 20,000 tons each, […]
Royal Dutch Shell may build its own dock in Iraq's Shatt al-Arab waterway to speed up delivery of heavy equipment to its supergiant Majnoon oilfield, according to a report from Reuters. The head of the General Company of Iraqi Ports, Salah Kudhair, told the agency that it had given initial approval to a proposal from […]
