The latest news on Iraq’s ports – security, tenders, Kuwait new port & competition and more – brought to you by Iraq Business News
Iraq's main port of Umm Qasr in Basra will lose 60% of its business if Kuwait goes ahead with a neighbouring port of its own, reports AKnews. In addition to thousands of dock workers losing their jobs, it is also believed that the livelihoods of local fishermen will be affected. A dispute over the territory […]
The general manager of the Iraqi ports company said on Wednesday that the company had completed a $5 million [6 billion Iraqi dinar] contract with a Danish firm to set up watchtowers in all ports to monitor the works and prevent irregularities. Salah Khudair Abboud told AKnews that the technical staff of the Communications Engineering […]
Reuters, quoting Iraq's Minister for Transport, reports that a tender will be issued by the end of this year for the building of the multibillion-dollar 'Grand Faw' port south of Basra. Talks are ongoing with investors from Australia, France, Germany, Italy and the UAE to help finance the project. After a presentation of the project's […]
The director of the Iraqi Ports Company said on Thursday that the company signed its second contract with the Emirati company Gulftainer to establish a dry port north of Umm Qasr port, at a cost of $150 million [180 billion Iraqi dinars], according to a report from AKnews. Khudair Aboud said that the project is […]
Southern Iraq's Maaqal Terminal port in Basra Province has received 288 ships in 2010, more than it did in any year since 1980, a Transport Ministry statement said. "The reason for such large number of ships, that was received by Maaqal Terminal in 2010, is due to the projects built as part of the reconstruction […]
Dutch company Van Oord has been awarded the dredging contract for the Iraq crude oil export expansion project off the coast of Iraq in the Arabian Gulf [Persian Gulf]. The client is the South Oil Company of Iraq. Van Oord will be working for main contractor Leighton based in Australia. The contract value for Van […]
According to a report from AKnews, the Media director of the Iraqi ports announced on Wednesday that Maaqel [Maaqal] port in Basra has established all the facilities required to receive the first shipment of oil equipment for Shell's Majnoon oil field in north of the province. Anmar al-Safi told the agency that Iraq's Transport Ministry […]
Royal Dutch Shell may build its own dock in Iraq's Shatt al-Arab waterway to speed up delivery of heavy equipment to its supergiant Majnoon oilfield, according to a report from Reuters. The head of the General Company of Iraqi Ports, Salah Kudhair, told the agency that it had given initial approval to a proposal from […]
The business associations and economic organizations in Basra, in collaboration with the International Private Projects Center, have held a conference to review the problems experienced by the private transport sector in the province. Abdul Saleh Saheb, the supervisor of the Conference and Vice-President of Businessmen's Union, told AKnews that the conference aims to review the […]
Iraq’s Transport Minister has said that Iraq turned down a project to create rail links between Iraq and the Gulf states because it wanted to project Iraqi ports. He added that the border problem with Iran had hampered the clearing of sunken ships and materials in Shatt Al-Arab Waterway. “If the country is linked with […]
The director of the Media Department of the Iraqi Ports Directorate said on Sunday that the ports department had studied the possibility of closing Maqel [Maaqal] port, but concluded that it is not feasible because of the large financial revenues generated by the port and the ease of transfer of goods through it. Anmar al-Safi […]
The Iraqi Minister of Transportation said on Friday that the Iraqi ports are ready to sign contracts with companies receiving oil investment licenses in Iraq now that the country’s ports are ready for such traffic. AKnews reports that Abdul Jabar said that the ports authorities had completed reconstruction work on many of the docks and […]
