Middle East

King Abdullah Port has signed a 25-year agreement with AMSteel to operate its first bulk and general cargo terminal berth.

Libya’s Benghazi port has officially re-opened following a three-year closure due to rival faction fighting in the city.

Oman, rather than the UAE, is benefitting from the Middle East economic blockade of Qatar, Qatar’s Hamad Port has indicated.

A 35-year agreement will see UAE’s Abu Dhabi Ports develop port infrastructure and manage operations at the Port of Fujairah.

Hutchison Ports’ managing director for the Middle East and Africa region has spoken out about the importance of the Chinese governmental initiative One Belt, One Road to the company’s growth strategy.

Container trade in Qatar faces a substantial fallout from continued economic blockades imposed by the United Arab Emirates (UAE) and other Gulf Arab states, port experts have said.

WSP Parsons Brinckerhoff’s Roy van Eijsden examines the investment potential of a post sanctions Iran

DP World announced throughput growth of 3.2% and profit growth of 29.9% in 2016, maintaining a “flexibility to capitalise” on growth opportunities in the sector.

DP World says that volumes in the UAE are ‘stabilising’ as it reports handling 3.7 million teu in the region during the fourth quarter of 2016, marginally down by 0.7% year-on-year.

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…

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.

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…

DP World will slow down expansion of its Jebel Ali port due to “softer market conditions” amid a bleak global trade outlook.

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.

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.