Middle East – Page 11
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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.
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NewsAPMT sets stage for Bahrain IPO
AMP Terminals (APMT) and YBA Kanoo Holdings are planning an initial public offering (IPO) of Bahrain’s Khalifa Bin Salman Port in early 2016.
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NewsAmbition or extravagance?
A recent clutch of Middle East projects build on the region''s flare for larger-than-life, writes Stevie Knight
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NewsSCCT deals with crane allusion
A ship-to-shore crane at Port Said in Egypt has been left on the potential verge of collapse after it was struck by a 368m long containership.
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NewsUnbridled determination
Disputes seemingly can''t stop the Mubarak Al Kabeer juggernaut. Richard Rowe reports
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NewsCaution advised on post-sanctions Iran
Previous trade sanctions imposed on Iran by the United Nations, the US and the European Union look likely to be lifted, but the industry is advised to reconnect with “caution”.
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DP World looks to Iran
DP World is looking to invest in Iran after reporting a strong first half of the year, with a 21.9% increase in profit to US$405m, local media reports.
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NewsWikiLeaks: Saudi Arabia eyes Arabian Sea port
According to a document recently published on WikiLeaks, authorities in Saudi Arabia are looking for a new access point on the Arabian Sea. This implies either a port in the Sultanate of Oman or in Yemen.
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Gulftainer celebrates 8% growth in volumes
Sharjah-based Gulftainer handled 6.4m teu in 2014, marking 8% growth over 2013.
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NewsSPIG nets Haifa concession
Shanghai International Port Group has won the tender to operate and maintain the new deepwater Haifa Bayport in Israel, media reports suggest.
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NewsDP World guns for 100m teu by 2020
Dubai-based international terminal operator DP World increased box throughput by 8.7% in 2014, moving 28.3m teu. Revenue rose to $3.4bn, while like-for-like profit jumped 25.3% to $757m.
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Israeli ports up for grabs
The Israeli government is to sell stakes in eight state-owned companies and the Mediterranean seaports of Haifa and Ashdod.
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NewsICTSI moves in on Iraq
International Container Terminal Services Inc (ICTSI) is taking advantage of new opportunities in developing Iraq, with expansion planned for its Basra Gateway Terminal (BGT) at the Port of Umm Qasr.
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ICTSI’s Iraq terminal goes online
International Container Terminal Services Inc’s (ICTSI) new Basra Gateway Terminal (BGT) has a plan to become Iraq’s premier container and multi-purpose cargo handling facility.
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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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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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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.
