Middle East – Page 13
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Egyptian ports not for sale
The Egyptian Minister of Transport, Ibrahim El – Demeiry, has publicly stated that there are no plans to start privatisation of the nation''s ports.
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Political pressure blamed for withdrawal of Israel port bidders
There has been intense speculation in the Israeli press as to why two international pre-qualified companies unexpectedly dropped out of the bidding process to build new ports at both Ashdod and Haifa. Companies with interests in the Arab world, it has been suggested, fear losing existing work in that region.
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Russian coal terminal construction
Russia’s Volga Group has acquired a 50% stake in Sukhodol LLC – the company which is constructing the new bulk terminal at Sukhodol Bay in Russia’s Primorsk territory.
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DP World clings on to throughput growth
DP World managed just a marginal 0.7% increase in global throughput in 2013, handling 55m teu across its facilities.
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Middle Eastern moves
Middle East container trade rides the wave of increased regional spending. Mike Mundy reports
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RSGT prepares for extension works
Saudi Arabia’s Red Sea Gateway Terminal is poised to award the contract for civil works relating to the extension of its terminal.
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Israeli port tenders interest
The Israeli transportation ministry has said that four operators are in the running to operate two new container terminals at Ashdod and Haifa in Israel.
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Haifa and Ashdod monopolise Israeli box traffic
A ruling by Israel''s Antitrust Authority that the ports of Haifa and Ashdod act as an oligopoly in container handling has allowed director David Gilo to prohibit the existing port companies from involvement in government plans for new container ports.
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South-south trade shift to benefit ports
Marking a shift away from traditional Asia-Europe shipping lanes, trade routes in the southern hemisphere are fast becoming drivers of traffic for well placed ports.
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Middle East overcapacity talk dismissed
The prospect of overcapacity in the Middle East has been rejected by DP World at TOC Middle East in Dubai this week.
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Saying no to the shortcut
Honesty is definitely the best policy but it’s not easy: “Trying to import equipment for a particular project we got tangled in huge customs delays,” says Peter Richards of Gulftainer.
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Growing pains
Does excess Middle East port development mark an eye to the future, or too much too soon? Stevie Knight reports
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New Jordan hub opens for business
The Aqaba Container Terminal (ACT) US$140m berth expansion project has been completed and is now open for business, making Jordan a “key regional gateway and logistical hub”.
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Israel port reform limps on
Israel''s National Labour Court has ruled that the government has every right to continue with its plans to introduce two new privately operated ports in both Haifa and Ashdod.
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Israeli tender speculation mounts
Media speculation is rife that one of Europe’s largest operators is intending on bidding to build and operate two new terminals at the Israeli ports of Haifa and Ashdod.
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Black Sea ports offer potential
New data suggests that Black Sea ports are continuing to increase their container volumes in 2013 – with the Russian terminals and Poti in Georgia benefitting most from market development.
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Gulftainer growth to soar
UAE based Gulftainer is set to see volumes soar in 2013 as it continues to expand its global footprint, with Saudi Arabia being the main driving force.
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Libyan protestors halt exports
Oil exports are still at a halt at the eastern Libyan port of Zueitina as protesters continue to campaign for jobs.
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Tenders for new Israeli terminals
Israel Ports Company (IPC) has published the first stage of an international tender for operations of new container terminals to be built in Haifa and Ashdod, which it says is critical for Israel to remain competitive.
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Gulftainer acquires Gulf Stevedoring
UAE based port management and logistics company, Gulftainer, has acquired a 51% stake in Saudi Arabia’s Gulf Stevedoring Contracting Company (GSCCO).