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. The State Company for Marine Transport (SCMT) has taken initial delivery of 15 new boats and three ferries under a contractual agreement with China. The fleet includes modern tourist boats, two passenger ferries with a capacity of 200 passengers each, and a large multipurpose ferry capable of carrying 500 passengers and 80 […]
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 John Lee. Iraq and the United Kingdom have held talks aimed at finalising a cooperation agreement on hydrographic surveys and nautical chart production. The discussions focused on enhancing technical cooperation in surveying and the production of navigational charts for Iraqi territorial waters and the shipping channels leading to Iraqi ports, as well as supporting […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can Iraq Navigate the Hormuz Dilemma with a New Maritime Fleet? Momentum is building in Iraq to resurrect the nation's maritime shipping fleet after decades of war, sanctions and instability have kept the […]
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 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 […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will maritime dispute with Kuwait sink Iraqi PM's political fortunes? Following decades of mistrust and tension following Iraq's 1990 invasion of Kuwait, relations between the two neighbours have thawed in past years. However, […]
Iraq Minister of Transportation Amer Abdul Jabbar Ismail approved Maritime Authority Act final draft in order to organize and develop the marine sector and to keep pace with international agreements in regards of security, safety as well as environment protection and to adopt international standards for employees. ( Al SumariaTV )
