Middle East – Page 12
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DP 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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Wildcat 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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New 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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Salalah opens new multipurpose terminal
The Port of Salalah has opened a new deep-water general cargo and liquid bulk terminal.
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Khalifa 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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APMT 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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Ambition 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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SCCT 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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Unbridled determination
Disputes seemingly can''t stop the Mubarak Al Kabeer juggernaut. Richard Rowe reports
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Caution 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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WikiLeaks: 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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SPIG 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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DP 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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ICTSI 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.