By John Lee. Abu Dhabi Ports (AD Ports Group) has signed a Memorandum of Understanding (MoU) with the General Company for Ports of Iraq (GCPI) to promote increased cooperation between the two organisations within the fields of transportation and maritime. Facilitated during a recent visit of a high-level delegation led by the Iraqi Minister of […]
Tag Archives | Ports
The latest news on Iraq’s ports – security, tenders, Kuwait new port & competition and more – brought to you by Iraq Business News
Tags: Abu Dhabi Ports (AD Ports Group), featured, GCPI, General Company of Iraqi Ports, mn, Ports, United Arab Emirates (UAE)
PEG to Study Rail Link to Grand Faw Port
By John Lee. Italian-based Progetti Europa & Global S.p.A. (PEG) is to present its technical and commercial proposals for the development of the railway sector in conjunction with the Grand Faw Port. The statement from the Iraqi cabinet gave no further details. (Source: Govt of Iraq)
Basra Gateway Terminal achieves New Milestone
By John Lee. Basra Gateway Terminal (BGT) has announced that it has recently handled its three millionth TEU (twenty-foot equivalent unit shipping container). The milestone was achieved during the handling of Evergreen's Ever Uranus and coincided with BGT's seventh year of operations. Basra Gateway Terminal (BGT) is a subsidiary of International Container Terminal Services (ICTSI), which is […]
Tags: Basra Gateway Terminal (BGT), Evergreen, featured, freight, General Company of Iraqi Ports, International Container Terminal Services Inc (ICTSI), mn, Philippines, Ports, Umm Qasr, Umm Qasr Port
Al-Maqal Port "to become Tourist Landmark"
By Editor on 3rd June 2021 in Construction & Engineering In Iraq, Iraq Transportation News, Leisure and Tourism in Iraq
By John Lee. Sharjah 24 reports that Iraq's General Company for Ports is accepting offers from private companies to turn the disused Al-Maqal Port on the Shatt al-Arab into a tourist destination. It adds that an Italian company has already completed designs. Since the Iraq war, the port has reportedly declined for transport purposes, following […]
Iraqi Port Revenue Surges on Anti-Corruption Move
By Shelly Kittleson, for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi port revenue surges as anti-corruption move bears fruit Iraq's key Umm Qasr Port has been positively affected by measures to reduce corruption, leading to a massive revenue increase […]
Daewoo signs $2.6bn Iraq Port Deal
By John Lee. Iraq's Ministry of Transport has signed a contract with Korea's Daewoo to complete five infrastructure projects at the Grand Faw port. The contract includes the construction of a 14-kilometer navigation channel extending to the sea, the basin for the ships that will dock at the port, and an underwater tunnel, which is […]
Tags: Daewoo, Daewoo Construction, GCPI, General Company of Iraqi Ports, Grand Fao, Grand Faw, Infrastructure, korea, Ports, South Korea
Daewoo in $2.6bn Iraq Port Deal
By John Lee. The Iraqi cabinet has authorised the Director General of the General Company of Iraqi Ports to sign a contract with the South Korean company Daewoo to construct the first phase of the Al-Faw Great Port project in Basra. The project will be supervised by the Italian consulting company Technital. Reuters reports that […]
Tags: Al Fao, Al Faw, Al Faw Grand Port, Daewoo, Daewoo Construction, featured, General Company of Iraqi Ports, Grand Fao, Italy, korea, mn, Ports, South Korea, Technital
New Shipping Service between Umm Qasr and Oman
By John Lee. ASYAD Group has announced that it has launched the first shipping line between Oman ports (Salalah, Duqm, Sohar) and Iraq's Umm Qasr Port. According to the company, the new weekly service will open up new investment opportunities between Oman and Iraq, and provide options for import and export between the two countries […]
Al-Faw Port Project's Endless Delays
By Azhar Al-Ruabie for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq's al-Faw port project's endless delays Although 10 years have passed since the Iraqi government started laying the groundwork for the al-Faw grand port in southern Iraq, the project is still far […]
Iraqi Ports, Airports Checked for Dangerous Materials
By John Lee. Iraq's Minister for Transport, Nasir Hussein Bander Hamad [Nasser Hussein Al-Shibli], has instructed the General Company for Iraqi Airways to begin inspecting all shipments stored in its warehouses to ensure that they are free of explosive materials. Earlier, the Minister gave the General Company for Ports of Iraq (GCPI) 72 hours to […]
Tags: featured, General Company for Iraqi Airways, General Company of Iraqi Ports, Iraqi Airways, mn, Ports
China acquires Stake in Umm Qasr Terminal
By John Lee. French container transportation and shipping company CMA CGM, has announced the first closing of its agreement with China Merchants Port (CMP), with the sale of its stakes in eight port terminals to Terminal Link. Among the facilities involved is the Umm Qasr Terminal in Iraq. The Terminal Link joint venture was created […]
Tags: Belt and Road Initiative (BRI), China, China Merchants Holdings International, CMA, CMA CGM, featured, France, mn, One Belt One Road (OBOR), Ports, Terminal Link, Umm Qasr Port
Sharp Increase in Container Traffic via Aqaba to Iraq
By John Lee. Aqaba Container Terminal (ACT) has reported that its strategy to promote Aqaba as a gateway to Iraq and the wider Levant has delivered "a sharp increase in containers to Iraq (up 367% compared to previous year), and thus contributed to the positive results recorded for the past few months". The Founder and […]