By John Lee. Iraq and Lebanon are moving towards a maritime cooperation agreement, with a draft memorandum of understanding (MoU) currently under ministerial review. A ministerial committee has met to examine the draft's provisions, with attendance from the head of the legal department and representatives of the General Company for Maritime Transport, the designated sectoral […]
By John Lee. Iraq's ports recorded strong financial and commercial growth in 2025, according to an annual statistical report published by the Statistics and Geographic Information Systems Authority of the Ministry of Planning. Key indicators for the General Company for Ports of Iraq (GCPI) showed: Total revenues of IQD 1,100.7 billion ($840 million), up 20.5% […]
By John Lee. Construction is continuing on what is described as Iraq's largest boat marina, located on the banks of the Shatt al-Arab waterway. The marina will have a capacity of 50 boats and will include tourist facilities, a helicopter landing pad, and various ancillary works along its sides. Ahmad Jasim, Director General of the […]
By Dr. Hussein Al-Jazairi, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Expected Effects of the US-Iran Peace Agreement on Iraq's Oil Maritime Transport Sector The maritime transport and insurance sector in the Arabian Gulf […]
By John Lee. The Iraqi Ministry of Transport has reported continued arrivals of cargo vessels at Iraqi ports during March, reflecting ongoing maritime trade activity despite regional tensions. According to the ministry, maritime agencies of the State Company for Maritime Transport (SCMT) have continued to provide services to incoming vessels, while cargo handling operations are […]
By John Lee. A new river taxi terminal / marina on the banks of the Shatt al-Arab has reached 96 percent completion, with the facility expected to open in early 2026. The project comprises a three-storey building designed in the shape of a ship, featuring a glass frontage. The structure has a total built area […]
By John Lee. The Ministry of Transport has announced the launch of major initiatives to expand investment and development opportunities in Iraq's maritime transport sector. The plan aims to enhance marine services and strengthen cooperation with leading international companies specialising in joint operations, shipbuilding, and the establishment of new shipping routes. According to the ministry's […]
By John Lee. The Iraqi Ministry of Transport has announced a comprehensive plan to add more ships to its maritime fleet. Its General Company for Maritime Transport currently owns six ships: four commercial vessels, one fuel tanker, and one fresh water tanker. The Director General of the company, Chief Marine Engineer Ahmed Jassim Al-Asadi, said […]
