Middle East
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Iran to sue US over “cruel” sanctions
13/11/2018Iran will bring a lawsuit against the US at the International Maritime Organization (IMO) following “cruel” sanctions and restrictions on its vessels which could see them prevented from entering ports. READ more
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US sanctions exceptions for Chabahar
07/11/2018US Secretary of State Mike Pompeo has granted an exception to US sanctions that will allow India to develop Iran’s Chabahar Port. READ more
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APM Bahrain IPO is “chance for proceeds”
05/11/2018Khalifa Bin Salman Port (KBSP) operator APM Terminals Bahrain’s BHD 11.8m decision to make an initial public offering (IPO) of 18,000,000 of its shares is a timely money making and investment opportunity, says Drewry’s senior analyst - Ports & READ more
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Khalifa upgrade contract awarded
23/10/2018The UAE-based National Marine Dredging Company (NMDC) has said it has been given a $268m contract to expand the country’s Khalifa Port. READ more
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Gulftainer ready to splash the cash
23/10/2018Gulftainer could invest $3bn over the next half a decade, chief executive Peter Richards has revealed. READ more
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Chabahar fast-track to beat US sanctions
15/10/2018A deal to hand the operation of Iran’s Chabahar Port to India has been sped up after being hampered by a pay dispute and impending US sanctions on Iran. READ more
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Saudi Navy stops attack on Jizan Port
01/10/2018The Royal Saudi Navy Forces have destroyed two explosive-laden Houthi boats targeting Jizan Port, according to a Saudi Press Agency report. READ more
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FinTech platform to help test new ideas
20/09/2018Abu Dhabi Ports subsidiary Maqta Gateway and Abu Dhabi Global Market have partnered to launch a creative platform for FinTech innovator firms to develop and test new solutions. READ more
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Eritrea considers new Red Sea port
05/09/2018Plans to construct a port on Eritrea’s Red Sea coastline indicate Eritrea’s re-emergence as a possible investor destination following the end of two decades of political tensions between the nation and Ethiopia. READ more
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Iran’s PMO to launch 23 projects
29/08/2018Iran’s Ports & Maritime Organization (PMO) will inaugurate 23 development projects in the country’s ports during the Government Week (23–29 August), Islamic Republic News Agency has reported. READ more