Middle East

MIDDLE EAST

MIDDLE EAST

A group of Iranian investors has met officials of the Iraqi Ports Company with a view to making some limited investments in the Basra area.

5th February 2010

Iranian investors eye Iraqi ports

5th February 2010

MIDDLE EAST

MIDDLE EAST

The government of Abu Dhabi has given neighbouring Dubai a loan of $10bn, part of which will go towards covering financial obligations currently faced by Dubai World.

31st January 2010

No bail out for DP World

31st January 2010

MIDDLE EAST

MIDDLE EAST

The completion of the first phase of Jeddah Islamic Ports newest world-class container facility, Red Sea Gateway Terminal (RSGT), was recently celebrated with the arrival of UASCs Al Muttanabi. Located at the…

26th January 2010

Red Sea Gateway gets going

26th January 2010

MIDDLE EAST

MIDDLE EAST

The ports industry released what must have been a collectedly-held breath when on Wednesday the Government of Dubai finally told investors that DP World and its debt are not included in the…

3rd December 2009

Ports free of Dubai woes – almost

3rd December 2009

MIDDLE EAST

MIDDLE EAST

DP World has detected stabilisation in the decline of container traffic - despite a 6% drop in traffic in Dubai for the third quarter of this year.

2nd December 2009

DP World detects market stabilisation

2nd December 2009

MIDDLE EAST

MIDDLE EAST

The Israeli government is to go ahead with the privatisation of the Ashdod and Haifa port companies.

3rd November 2009

Israel to privatise Ashdod and Haifa

3rd November 2009

MIDDLE EAST

MIDDLE EAST

Syrias Tartous International Container Terminal (TICT) recorded a 44% increase in container throughput during the first six months of the year over the same period in 2008 and is gearing up for…

27th October 2009

Throughput boost for Syrias TICT

27th October 2009

MIDDLE EAST

MIDDLE EAST

Are port infrastructure development projects aimed at placing Saudi Arabia as the transhipment hub of the Middle East? Patrik Wheater reports

26th October 2009

By-passing the Gulf

26th October 2009

MIDDLE EAST

MIDDLE EAST

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20th October 2009

DP World not selling stake

20th October 2009

MIDDLE EAST

MIDDLE EAST

Its business as usual at port conglomerate DP World despite declining volumes on the back of the financial crisis, in contrast to the euphoric years of 2007 and 2008.

17th September 2009

No real change at DP World

17th September 2009

MIDDLE EAST

MIDDLE EAST

Iraqs Transport Ministry has revealed that Iraqi Ports Company has signed a $12.6m contract with local company to expand Umm-Qasr port near Basra. Work will be completed within 210 days.

3rd September 2009

Iraq improves Umm-Qasr

3rd September 2009

MIDDLE EAST

MIDDLE EAST

The Ports Corporation of Jordan, which is due to be transformed into a standalone company, could take longer than expected.

26th August 2009

Jordan ports body hits a wall

26th August 2009

MIDDLE EAST

MIDDLE EAST

The current state of the global container market has prompted DP World to delay its $1.5bn investment in a proposed third terminal at Jebel Ali. The project will be re-visited once business…

15th August 2009

Plug pulled on Jebel Ali 3

15th August 2009

MIDDLE EAST

MIDDLE EAST

Dubai-based private equity fund, Abraaj Capital, has been linked to a 15% stake in DP World, an approach that has been confirmed by the terminal operator.

12th July 2009

DP World to sell equity stake as profits fall

12th July 2009

MIDDLE EAST

MIDDLE EAST

Port Said Container and Cargo Handling Co has implemented a range of pricing discounts to encourage exporters, importers & investors to co-operate with its container terminal and dry port. The incentives include…

10th July 2009

Port Said tariff incentives

10th July 2009

MIDDLE EAST

MIDDLE EAST

A field study for a new port in the Gulf of Aqaba on the southern tip of Jordan has been completed.

30th May 2009

Jordan port study

30th May 2009

MIDDLE EAST

MIDDLE EAST

The Lebanese government will issue a tender by the end of April for a $120m expansion of the port of Beirut. Work is due to take no more than 30 months and…

10th May 2009

Expansion at Beirut

10th May 2009

MIDDLE EAST

MIDDLE EAST

DP World reported profits in 2008 of $621m, an increase of 48%. Revenue went up 20% to $3.23bn, while throughput rose 15% to 27.7m teu. Cash generated by operations rose 12% to…

23rd April 2009

DP World remains profitable

23rd April 2009

MIDDLE EAST

MIDDLE EAST

Jebel Ali port opened Terminal Two at the end of February, adding an additional 5m teu capacity, and upping the ports overall capacity to 14m teu. In 2012, DP World will also…

3rd March 2009

Jebel Ali T2 to open

3rd March 2009

MIDDLE EAST

MIDDLE EAST

Tartous International Container Terminal has been granted permission to handle transhipment traffic, a first in Syria.

2nd March 2009

TICT transhipment coup

2nd March 2009

MIDDLE EAST

MIDDLE EAST

Approximately $3.3bn has been invested in Iranian ports in recent years, claims the countrys Ports and Shipping Organisation.

10th February 2009

Itanian states backs port investment

10th February 2009

MIDDLE EAST

MIDDLE EAST

The new Doha Port in Qatar is to be designed through a partnership between WorleyParsons Qatar WLL and Royal Haskoning, which will develop the ports master plan and full engineering design.

4th February 2009

Doha to have Dutch design

4th February 2009

MIDDLE EAST

MIDDLE EAST

Expressions of interest have been invited for companies interested in building a deep water bulk jetty at the Port of Sohar in Oman. The jetty will be 600 metres long and connected…

2nd February 2009

Sohar bulk jetty to go ahead

2nd February 2009