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.