Tag Archives | Umm Qasr

The latest Umm Qasr Business News – new Kuwaiti port, Mubarak, Umm Qasr, Iraq – Kuwait / Iraq disputes and more – brought to you by Iraq Business

Progress at Umm Qasr Port

The company dredging Umm Qasr port in Basra province has reached 12 meters deep, which should end Iraq's dependence on neighbouring countries’ ports, according to the Iraqi minister of transport on Friday. “The Belgian company’s excavation works reached a depth of 12 meters on Friday, compared to 7.5 meters in 2005 and 8.5 meters in […]

'Misappropriated' Computers for Children Recovered

AFP reports that 90 percent of the $1.9m batch of US-purchased computers destined for schoolchildren but allegedly sold off on the cheap have been recovered. As we reported on Saturday, an unnamed senior official at Umm Qasr port had reportedly misappropriated the gift and auctioned the computers for just $45,700. But customs chief Nofal Salim […]

US-Donated Computers for Children Missing

The U.S. military is demanding to know what happened to $1.9 million worth of computers purchased by American taxpayers, and intended for Iraqi schoolchildren, that have instead been auctioned off by Iraqi officials for less than $50,000. Reports from Associated Press and al Jazeera say the shipment of computers intended for schoolchildren in the central […]

Iraqi Force Tracks Down 'Pirates'

An Iraqi navy has tracked down the thieves who hijacked a number of ships near Iraq’s oil ports in Basra, a news report from Aswat al-Iraq quotes an Iraqi Web site. “We cannot describe these thieves as pirates, they are just thieves,” said an Iraqi source. He described such incidents as one-off events committed by […]

Pirates Rob Ships' Crews Off Basra

Gunmen robbed the crews of four ships anchored off Iraq's southern oil hub of Basra last week, in Iraqi regional waters patrolled by the U.S. Navy, a Navy official said on Sunday. The attackers targeted the Antigua-flagged Arminia, North Korea's Crystal Wave, Syria's Sana Star and the American ship Sagamore last Sunday and took personal […]

Occidental to Build Water Desalination Plant

Occidental Petroleum is planning to build a water desalination plant in Umm Qasr, Basra, an oil expert said on Monday. “The oil company seeks to implement the project as the South Oil Company refused to provide it with the water it requires to inject into wells to develop oilfields,” Dr. Jabar al-Halfi told Aswat al-Iraq […]

German Firm to Build in Basra

German company IQ Martrade has  submitted several proposals for developments at Basra Port. The manager of the Company, Mr. Gunther Hahn, said "the projects include investment in jetties at Umm Qasr Port, and the establishment of an oil pipes factory near the port -  there is a huge need for such pipes in Iraq and […]

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Investment in New Container Port at Umm Qasr

The General Company of Iraqi Ports is seeking investment in the new container port in Umm al-Qasr, in Iraq’s southern province of Basra, according to a report from AK News. “The international and local companies that have shipping lines specialized in container transportation must offer their investments to create, manage and operate the new containers […]