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

Industrial City Investment Planned in Wassit Province

09By John Lee. Iraq's Industrial Coordination Council has approved a series of measures aimed at supporting industrial operations, infrastructure use, and fuel transition for manufacturing facilities. The Council approved the use of specialised berths (10 and 11) at Khor Al-Zubair Port to support the operation of a sponge iron plant, in line with the plant's […]

Review of Operational Plan for Development Road Project

By John Lee. The operational plan for the Development Road project has been reviewed, alongside progress on engineering designs and economic feasibility. The discussions were held during a meeting involving Oliver Wyman, the project's financial advisory firm, and BTP, the Italian engineering consultancy, at the headquarters of the Iraqi Republic Railways Company. Key points covered […]

Cabinet Approves Water Treatment Units, Faw Port Contracts

By John Lee. The Council of Ministers has approved measures related to water infrastructure in Basra and contract execution for the first phase of the Grand Faw Port project. The cabinet reviewed the Al-Baradhiya water project in Basra and approved the establishment of modular water treatment stations on the Shatt al-Arab to secure drinking water […]

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 […]