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

New Customs Rules in Force at Umm Qasr Port

From Almas Group Logistics: New Customs Regulations Take Effect at Umm Qasr Port: What Iraqi Importers Need to Know Iraqi Customs implements item-based duty calculations under Council of Ministers Decision No. 957/2025 applying customs duties based on individual item classification and value. Significant changes to customs clearance procedures are now in effect at Umm Qasr […]

PM Promotes Investment at IBBC Basra Conference

By John Lee. At the Iraq Britain Business Council (IBBC) conference in Basra, Prime Minister Mohammed Shiaa Al-Sudani reaffirmed the government's commitment to advancing investment in cooperation with the private sector and international partners. Held under the theme "Gateway to Iraq," the conference gathered senior Iraqi and UK officials and leading companies to explore trade […]

GCPI Revenues Exceed $810m by end-October

By John Lee. The General Company for Ports of Iraq (GCPI) has announced that its total revenues, including those from affiliated ports and facilities, reached IQD 1,063,291,000,000 (approximately $810 million) by the end of October 2025, reflecting improved operational performance and rising efficiency across its activities. Director General Dr Farhan Al-Fartousi said the results were […]

Transport Ministry Expands Maritime Investment Opportunities

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 […]

Iraq's Ports Generate $240m in Q1 2025

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 […]

Iraq Advances Towards Operational Phase of Grand Faw Port

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 […]

Discussions to Upgrade Khor Al-Zubair Port

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 […]

Basra Gateway Terminal gets New Crane

By John Lee. The Basra Gateway Terminal (BGT) at Umm Qasr has commissioned a new Gottwald ESP.8 mobile harbour crane from Finnish company Konecranes. With a 125-ton lifting capacity and a 54-meter boom, the crane can serve vessels up to post-Panamax class, according to a statement from International Container Terminal Services, Inc (ICTSI). Photo shows […]