Middle East – Page 13
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News
Haifa repeats Konecranes order
Israel’s Haifa Port Company has placed a repeat order with Konecranes for three RMGs to join the 12 already at the port.
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NewsKhalifa terminal secures funding
Abu Dhabi Terminals (ADT) has acquired a financing agreement with Abu Dhabi Commercial Bank (ADCB) for the development of Khalifa Port Container Terminal (KPCT).
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NewsOpening doors
A temporary lift of sanctions is raising hopes for a boost in Iran''s port and terminal business. Aiden Grange reports
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News
Salalah struggles with transhipment levels
The container terminal at the Port of Salalah, in Oman, reported an 8% drop in container traffic in the first three quarters of this year, from 2.6m teu to 2.4m teu, while the general cargo terminal reported traffic up 26% to 7.8m tonnes.
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News
DP World to exit London Stock Exchange
DP World has announced plans to delist from the London Stock Exchange, claiming that only 1% of its trades are made through the UK’s exchange.
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NewsOnwards and upwards
No looking back for Middle East terminals that continue to climb the capacity ladder, reports Alex Hughes
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NewsAPMT rebuffs 'illegal' Aqaba strike
APM Terminals (APMT) says further delays to the regional transportation hub of Jordan, Aqaba Container Terminal (ACT), are expected following a “premature and illegal” strike last week.
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NewsOvercapacity continues to threaten Turkish port future
The threat of overcapacity in Turkey continues to hang over the sector, as operators rush to meet the changing demands of shipping lines.
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NewsPropping up the Omani economy
Sohar’s Freezone chief executive, Jamal Aziz, says that the port will become an even more important contributor to the Omani economy as Dubai cargo costs continue to rise.
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News
Police intensify corruption investigations at Ashdod Port
Alon Hassan, head of the Ashdod port union, has been placed under house arrest and barred from entering the port for 90 days as police continue to investigate alleged improprieties.
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NewsNew Haifa port development questioned
The development of a new port in the Haifa Bay area of Israel has been questioned by the head of a new Knesset subcommittee tasked with looking at the environmental and planning issues of the proposal.
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News
Four seek pre-qualification for new Israeli ports
Four international terminal operating companies have sought pre-qualification in respect of tenders to develop two new ports in Israel at Haifa Bay and South Ashdod.
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NewsICTSI invests in Iraq’s potential
International Container Terminal Services (ICTSI) is partnering with the Government of Iraq to invest US$130m in Umm Qasr Port in a bid to unlock the country’s economic potential.
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News
Egyptian ports not for sale
The Egyptian Minister of Transport, Ibrahim El – Demeiry, has publicly stated that there are no plans to start privatisation of the nation''s ports.
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Political pressure blamed for withdrawal of Israel port bidders
There has been intense speculation in the Israeli press as to why two international pre-qualified companies unexpectedly dropped out of the bidding process to build new ports at both Ashdod and Haifa. Companies with interests in the Arab world, it has been suggested, fear losing existing work in that region.
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NewsRussian coal terminal construction
Russia’s Volga Group has acquired a 50% stake in Sukhodol LLC – the company which is constructing the new bulk terminal at Sukhodol Bay in Russia’s Primorsk territory.
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NewsDP World clings on to throughput growth
DP World managed just a marginal 0.7% increase in global throughput in 2013, handling 55m teu across its facilities.
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NewsMiddle Eastern moves
Middle East container trade rides the wave of increased regional spending. Mike Mundy reports
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NewsRSGT prepares for extension works
Saudi Arabia’s Red Sea Gateway Terminal is poised to award the contract for civil works relating to the extension of its terminal.
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NewsIsraeli port tenders interest
The Israeli transportation ministry has said that four operators are in the running to operate two new container terminals at Ashdod and Haifa in Israel.
