The latest news on Iraq’s ports – security, tenders, Kuwait new port & competition and more – brought to you by Iraq Business News
By John Lee. The Kuwaiti government has announced the cancellation of the fourth stage of the Mubarak Port, reports AKnews, due to harm to Iraqi navigation. Iraq’s Ministry of Transport called it an important step, but it does not eliminate the damage to Iraqi navigation. An adviser to the ministry, Karim al-Nouri, said: "We consider […]
Basra Provincial Council announced on Tuesday the formation of a group that includes 100 local businesses to invest in Faw Port "to preserve the sovereignty of Iraq". Council member Walid Qitan said: "The efforts of businessmen in the province resulted in the cooperation of major public companies to invest in Faw Port in order to […]
Iraq has issued a tender for the building of a breakwater to the south of Basra on the Persian Gulf, the first stage of construction of the giant $6 billion Grand Faw port scheme. The closing date for the tender is 15th July, and offers will be opened on 16th July, while interested companies are […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
Iraq is preparing to invite bids for the building of a breakwater in the Gulf, which according to Reuters will be the first stage of construction in the giant $6 billion Grand Faw [Fao] port project. Omran Rahdi Thani, general manager of the General Company for Iraqi Ports, told the news agency that the breakwater […]
Iraq Business News has just received photographs of the two new ship-to-shore cranes arriving at Gulftainer's Iraq Container Terminal at Umm Qasr. They are now located on their rails on the quayside, and will commence operations within days, making these the only berths operating 24/7, allowing secure, safe and speedy handling of Tenaris pipes. Another […]
The leaders of the Gulf Cooperation Council said they support Kuwait in its dispute with Baghdad over the construction of the Mubarak port. The leaders declared at the conclusion of their regular summit in Riyadh that Mubarak port will ve established on Kuwaiti land and within its territorial waters as per the borders drawn by […]
This article was written by Ahmad Wahid, and was originally published by the Institute for War and Peace Reporting, iwpr.net. It is reproduced by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Thousands of Iraqis working across five ports […]
Umm Qasr port administration has announced the seizure of materials contaminated with radioactive isotopes imported from Japan, according to Aswat al-Iraq. A source told the news agency that an imported fork-lift, heading for the private sector, was discovered to have been contaminated by radiation. No information was given on the volume of radiation in the […]
Aswat al-Iraq reports that the Iraqi Ministry of Transport has decided to cancel land customs duties from sea ports of entry. The ports media director told the agency that Minister Hadi al-Ameri decided to cancel these customs in order to encourage merchants to transport their goods through Iraqi ports. Ports used to have land duty […]
Governments have many responsibilities, but one of the main requirements of government is not to get in the way. If an economy is to grow, the administration must facilitate, or at the very least not hinder, people who are trying to create value, satisfy demand, and serve customers. But the new inspection regime at Iraqi […]
High-ranking officials from Iraq and the Netherlands have met to discuss Dutch participation in developing Iraq’s sea-ports, according to a report from Contstruction Weekly. Omran Radi, the director of the State Company of Iraq Ports and Yaron Rodenberg, the Dutch ambassador to Iraq, met this month to explore potential cooperation and work together to develop […]
