By John Lee. The General Company for Ports of Iraq (GCPI) has reported a significant rise in maritime cargo throughput during the first half of 2025, with over 1,500 ships received across four major commercial ports, according to Director General Dr. Farhan Al-Fartousi. A total of 1,522 vessels docked at Umm Qasr North, Umm Qasr […]
By John Lee. The General Company for Ports of Iraq (GCPI) has announced the near-completion of the infrastructure phase of the Grand Al-Faw Port, with plans to soon select a global operator to develop and manage the superstructure. Director General Farhan Al-Fartousi told the state-run Iraqi News Agency (INA) that 11 major international companies have […]
By John Lee. The General Company for Ports of Iraq (GCPI), has announced the completion of the first section of the Development Road Project, linking the Al-Faw Grand Port to Umm Qasr. According to the Ministry's media office, the 62-km road consists of three lanes designated for heavy trucks and cargo, and is equipped with […]
By John Lee. Iraq's ports have recorded strong financial performance in the first quarter of 2025, generating total revenues exceeding 314 billion Iraqi dinars [$240 million], according to Dr Eng. Farhan Al-Fartousi, Director General of the General Company for Ports of Iraq (GCPI). Monthly revenues were as follows: January: 109.27 billion dinars February: 98.74 billion […]
By John Lee. The management of the General Company for Ports of Iraq (GCPI) held an extensive meeting this week with representatives from the Ministry of Planning and consultancy firm KBR at the Ministry of Transport headquarters to discuss the transition to the operational phase of the Grand Faw Port. Dr. Farhan Al-Fartousi, Director General […]
By John Lee. Iraq's Oil Pipelines Company has held discussions with the General Company for Iraqi Ports to enhance cooperation in developing the Ministry of Oil's berths. The meeting in Basra was led by Ali Abdul Karim Al-Moussawi, Director General of the Pipeline Company, and Dr. Farhan Al-Fartousi, Director General of the Ports Authority. The […]
By John Lee. Iraq's Ministry of Oil is progressing with the implementation of a dry gas pipeline to support power generation, following directives from Deputy Prime Minister for Energy and Oil Minister Hayan Abdul Ghani. Dr. Ezzat Saber Ismail, Deputy Minister for Gas Affairs, along with Ali Ward Hammoud, Director General of the State Company […]
By John Lee. In a ceremony at Iraq's giant Al Faw Grand Port in Basra on Thursday, South Korea's Daewoo has handed over five new berths to the Iraqi state. The port is a key part of the planned Development Road project, which will connect the Persian Gulf with the Mediterranean Sea via Iraq and […]
By John Lee. Netherlands-based Damen Shipyards Group has successfully delivered three advanced search and rescue (SAR) vessels to Jawar Al Khaleej (JAK) in a ceremony held at Albwardy Damen in Sharjah, UAE. The handover, which took place just five months after the contract signing, includes two Damen SPi 1605 SAR class vessels and one Damen […]
By Tariq Tahir for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq told to pay $120m to construction company in dispute over Al Faw breakwater The Iraqi government and its ports operator, the General Company for Ports of Iraq (GCPI), […]
By John Lee. The International Maritime Organization (IMO) has said that Iraq is embracing the move to digitalize its maritime sector, with plans to establish a maritime single window for the major ports of Umm Qasr (North and South). A team of IMO experts completed a mission to Basra (30 June - 4 July) to […]
By John Lee. AD Ports Group has announced that it has entered into a preliminary agreement with the General Company for Ports of Iraq (GCPI). Under the terms of the agreement, both parties will establish a joint venture to develop Al-Faw Grand Port and its economic zone, as well as any future expansion. The agreement […]
