Middle East – Page 15
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NewsDP World throughput up in 2012
DP World handled 56.1m teu in 2012 – up 2.4% on the previous year, but it still faced a challenging second half, which forced the operator to change its short term strategy somewhat by divestment.
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Flood of applicants for Ashdod stevedore jobs
The lure of excellent working conditions has led to applications from 3,000 jobseekers for just 45 stevedoring jobs at Israeli port of Ashdod.
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DP World to restructure Indian investment
DP World is to restructure the way it makes investment in its Indian container terminals.
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NewsMaritime World reduces Dubai tariff rates
Drydocks World and Maritime World has reduced its tariff rates for all aspects of business at its subsidiaries Dubai Maritime City (DMC) and Jadaf.
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NewsICTSI terminates Syrian operations
International Container Terminal Services Inc (ICTSI) has taken the decision to terminate its business in the Syrian Arab Republic through subsidiary, Tartous International Container Terminal (TICT), due to the ongoing civil war.
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NewsADT moves to Khalifa port
Abu Dhabi Terminals (ADT) has signed a 30 year concession for Khalifa Port Container Terminal 1 and completed the strategic redirection of its container traffic from Mina Zayed to the port in Taweelah, 60km east of Abu Dhabi.
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NewsMuscat port concession extended
It’s a time of flux in Oman with the government of the Sultanate overseeing nationwide developmental programmes both to ports and supporting infrastructure.
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NewsGulftainer wins Tripoli terminal concession
Sharjah-based operator Gulftainer has won a 25 year concession for a new container terminal at the Port of Tripoli in Lebanon, following an intensive bidding process.
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Saudi Arabia spending spree
Saudi Arabia is planning to invest $914m in port development in the short term to cater for growing demand.
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Work resumes at Sokhna
Following reports of labour strikes which left operations idle at the Ain Al-Sokhna terminal, operated by DP World at the Port of Sokhna, workers have picked up where they left off.
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Iraq to upgrade Maqal port
Authorities in Iraq have signed a $40m deal with a US consortium headed by North America Western Asia Holdings to modernise the port of Maqal, which is on the Shatt al-Arab waterway in Basra province.
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NewsConstruction of new Gulf terminal begins
Construction has started on a project seen as fundamental to King Abdul Aziz Port’s gateway status - the new second container terminal in Saudi Arabia’s largest Gulf Port, located in Dammam.
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Duqm to award contracts worth $285m
The Port of Duqm in Oman is to award construction contracts worth $285m divided into two packages.
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NewsAden to end agreement with DP World
Aden Port Authority has begun talks with DP World with a view to cancelling the contract it has for operating the port. The cancellation is to be done amicably, with an international arbitrator to be brought in if the two sides fail to reach an agreement.
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Qatar to finance Port Said port
The new Egyptian Prime Minister, Hisham Qandil, has revealed that Qatar is to invest $8bn over the next five years to build a new harbour at the city of Port Said.
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NewsDubai gets turbocharged
Sweden’s ABB Turbocharging and Drydocks World Dubai have signed a cooperative agreement for a new dedicated service point for ABB turbochargers at the port facility.
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NewsBahrain seabridge plan takes shape
APM Terminals Bahrain is working with partners to set up a ‘seabridge’ feeder service which would link Khalifa Bin Salman Port with the Saudi industrial hub of Jubail, providing petrochemical companies with a new export route and enabling imports to bypass congestion at Dammam.
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NewsNo holds barred
No fears of overcapacity in the burgeoning Middle East market, finds Felicity Landon
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NewsCommercial operations begin at Khalifa
Abu Dhabi Ports Company (ADPC) has commenced commercial operations at Khalifa Port this week after years of meticulous planning.
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NewsKhalifa development moves forward
Abu Dhabi Ports Co will launch the first phase of its megaproject at Khalifa Port and the adjacent Kizad (Khalifa Industrial Zone Abu Dhabi) in September this year. When completed, Kizad will become one of the world’s largest industrial zones.
