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. Reuters reports that BP has signed a deal with Iraq to build a new terminal at the port of Khor al-Zubair. Anmar al-Safi, spokesman at the General Company for Ports of Iraq, told Reuters: "BP will help Iraq build an advanced terminal to receive refined oil product shipments and also to export […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq has continued to implement strict inspection measures on imported goods through its maritime ports in the southern city of Basra, after having been accused of turning into “a warehouse for […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Revenues from Iraqi ports reached $30 million in December 2012, the highest monthly yield in their history. Meanwhile, the Ministry of Transport is preparing to open the Iraqi Container Port in […]
By John Lee. Iraq's Ministry of Transport has reportedly signed a contract with a Greek company to construct the eastern breakwater and dock services for the new Grand Faw sea-port. According to NINA, the project will cost 204 million Euros, equivalent to 315 billion Iraqi dinars. While the name of the company was not mentioned, […]
By John Lee. Iraq signed a $14-million deal with a U.S. consortium on Tuesday to modernise the Maqal Port on Shatt al-Arab waterway. The consortium, led by North America Western Asia Holdings (NAWAH), will invest in a new heavy-lift crane as well as container handling capabilities, and will build a modern container yard in one […]
By John Lee. Iraq has announced a shortlist of two companies to build a breakwater for the $6 billion first phase of its Grand Fao port development. The director general of the State Company for Iraqi Ports, Omran Radhi (pictured), told Bloomberg that the Archirodon Construction Company submitted the lowest bid of 204 billion dinars […]
By John Lee. The General Company for Iraqi Ports has signed a contract with a specialized Company to rehabilitate a courtyard for storing containers in Um Qasr seaport. A statement by the Transportation Ministry said: "The Head of Northern Umm Qast port, Safa Abdul Hussein, signed a contract with Alaq Almisk and Almisnav Company to […]
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 […]
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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 […]
