By John Lee. UK-based international law firm Clifford Chance has announced that it has advised International Finance Corporation (IFC) and Japan International Cooperation Agency (JICA) on the US$125 million financing of the development, construction, equipping and operation of both new and existing facilities at the Umm Qasr Port in Iraq. In a press release, the […]
Basra Multi-purpose Terminal (BMT), the largest multi-purpose port facility in Iraq, announces a major development in the Port of Umm Qasr. Marking a significant expansion to their existing facilities, BMT will be increasing their total investment in Umm Qasr Port to over USD 200 million, aimed to further advance the port in the international trade […]
Basra Multipurpose Terminal (BMT), in the port of Umm Qasr, has recently welcomed Iraq’s largest vessel do date, the 325 meter-long MSC Rita. The arrival was marked by a visit from the Minister of Transport, Kadhim Finjan, who took the helm and successfully piloted the massive ship safely through the channel. The MSC Rita sails […]
