Middle East – Page 10
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NewsIran, Netherlands sign MoU for port co-operation
Iran’s minister of roads and urban development Abbas Ahmad Akhoundi and minister of infrastructure and the environment of the Netherlands Schultz van Haegen have signed a Memorandum of Understanding (MoU) for bilateral maritime transport and port co-operation.
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NewsICTSI Basra open for business
International Container Terminal Services Inc. (ICTSI) has opened the first phase of its new greenfield terminal development.
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NewsCOSCO inks Khalifa concession
COSCO SHIPPING Ports Limited (CPSL SPV) has entered into a concession agreement with Abu Dhabi Ports Company to operate the new Khalifa Port Container Terminal 2.
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NewsExpansion plan for Khalifa Port
Abu Dhabi Ports has announced a major expansion plan in Khalifa Port, which will add 1000m of quay wall to the port and deepen its main channel and basin to 18m from the current 16m.
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NewsDP World slows down Jebel Ali expansion
DP World will slow down expansion of its Jebel Ali port due to “softer market conditions” amid a bleak global trade outlook.
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NewsA revolutionary new way of moving boxes
DP World has signed a Memorandum of Understanding (MoU) with US-based Hyperloop One to explore the value of using innovative Hyperloop systems to move cargo around between its ports.
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Israeli ports beset by problems
Members of the Israel food industry have gathered at a meeting of the Maritime Traders Association to warm of soaring food prices, according to the Jerusalem Post.
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Investment opportunities at Faw
It seems that there may be new investment opportunities on the table for local and foreign companies at Al-Faw Port in Basra.
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NewsDP World lists $1.2bn Sukuk
DP World group chairman and chief executive Sultan Ahmed Bin Sulayem rang the market-opening bell on June 27, to celebrate the listing of $1.2bn Sukuk on Nasdaq Dubai.
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Israel proposes offshore port
Israel’s transport minister, Yisrael Katz, has proposed the construction of an artificial island off the coast of Gaza, according to the Times of Israel.
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Ashdod South Port ahead of schedule
Israel Port Company has confirmed that it is five months ahead of schedule in construction for a new port adjacent to existing Ashdod Port.
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NewsDP World and Georgia discuss economic cooperation
DP World Group chairman and CEO, Sultan Ahmed Bin Sulayem met with the Prime Minster of Georgia, Giorgi Kvirikashvili, at the Annual Investment Meeting in Dubai.
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NewsGulftainer registers strong performance in 2015
The world’s largest privately-owned and independent port operator Gulftainer recorded a strong performance in 2015, with an overall growth of 4% across its global portfolio.
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NewsDP World signs new construction contract
DP World has signed two major contacts for civil construction work at its new Container Terminal 4 in Jebel Ali Port.
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NewsWildcat strikes to end at Ashdod
The Israeli government''s Finance and Transport Ministries, the Ashdod Port workers'' committee and the General Federation of Labour (Histdrut) have struck a 10-year deal in respect of reform at Ashdod Port.
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Europe and UAE drive DP World growth
DP World Ltd has announced growth of 3% in 2015 driven largely by European and UAE terminals.
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SOHAR celebrates record throughput
SOHAR Port and Freezone has announced its best throughput figures to date, having handled an average of 1m tons per week in 2015.
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NewsNew improved Emirati ports
Abu Dhabi Ports has completed extensive redevelopment work at Al Mirfa Port and officially opened the new Abu Dhabi Cruise Terminal at Zayed Port.
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NewsSalalah opens new multipurpose terminal
The Port of Salalah has opened a new deep-water general cargo and liquid bulk terminal.
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NewsKhalifa Port ready for expansion
Port operator, Abu Dhabi Terminals says that Khalifa Port Container Terminal is ready for the next phase of expansion and that new equipment will be added in 2016 and 2017 to keep up with demand for services.
