Middle East – Page 17
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NewsDP World announce 10% growth
This morning, DP World announced a solid third quarter with gross handling volumes up to 14.4 million teu – 10% up on the same quarter last year.
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NewsTiming new transhipment
Regional projects that target the transhipment market have slowed in the last two years.
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NewsAbu Dhabi's Khalifa countdown begins
As the first semi-automated terminal in the Middle East and an obvious rival to the expanding Jebel Ali, Abu Dhabi’s Khalifa port is already making its presence felt well before its 2012 opening.
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NewsThe sleeping giant that is Saudi Arabia
Regional giant Saudi Arabia lacks modern port capacity for a country of its size, location and wealth.
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NewsShifting sands
The focus of Middle East port development has shifted from transhipment capacity to addressing specific domestic bottlenecks. Karen Thomas reports
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NewsJebel Ali expansion spurred by regional growth
DP World’s Jebel Ali port is to boost capacity by 1m teu through a 400 metre quay extension in time for a 2012 opening.
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Priority berthing for Israel Chemicals at Eilat
Under a new agreement, vessels operated by Israel Chemicals will be given priority berthing for 190 days each year at soon-to-be-privatised port of Eilat.
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Libyan ports resume international operations
The security situation at the Libyan port of Tripoli and Benghazi has stabilised to such an extent that cargo vessels from both Italy and Malta have both made calls.
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NewsIraqis to mount regular Mubarak protests
A group of Iraqis are to hold weekly demonstrations on the border with Kuwait in protest against the construction of the Mubarak port on Boubyan island. The security services will be deployed to contain any subsequent disturbances from the protests.
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NewsLibyan operations aim toward normality
The European Union is expected to lift sanctions against Libya''s ports today, and operations are looking at getting back to normal as quickly as possible.
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NewsDP World celebrates four-fold profit increase
A stronger operating environment pushed DP World''s first-half profits up four-fold, but second half uncertainty could disrupt the profits party, the group cautioned on Thursday.
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Kuwait mobilises army to defend Mubarak
Kuwait has mobilised military forces on Bobian Island, at the end of the Shatt al-Arab waterway, to protect its Grand Mubarak Port development from possible interference from Iraq.
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Libyan ports still main battleground
Again, it’s the ports that are centre stage in the battles in the troubled hotspots of North Africa, although it is very hard to know exactly what is going on.
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NewsTalks calm Kuwait’s big port row
Talks seem to have staved off difficulties between Iraq and Kuwait over the country’s mega-port construction in the restricted Khour Abdullah waterway, but the situation still has its tensions.
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Kuwait ploughs ahead with Mubarak build
The Iraqi prime minister has indicated that Kuwait is showing "more flexibility" in respect of its proposed Mubarak Port development, despite Iraqi concerns that the port will steal business and restrict shipping.
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Qatar bankrolls two Egyptian ports
The governments of Qatar and Egypt have signed an agreement that will result in the construction of two new ports on the Mediterranean coast at Port Said and Alexandria.
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DP World goes into Suriname
DP World has expanded its portfolio to Suriname on the northeast coast of South America, acquiring a controlling interest in both Integra Port Services (IPS) and Suriname Port Services (SPS).
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Eilat’s hot property
Israel’s Eilat, the first national port to be privatised, has attracted bids from 17 companies. The only known international port operators involved in the process are APM Terminals and SSA Marine, with the vast majority of other interested parties Israeli. The port handles 6% of the country''s foreign trade.
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Qatar commits to Egyptian ports
The government of Qatar has revealed that it has signed an agreement with Egypt to build two new ports that will create one million new jobs.
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NewsDamman concession follows link
Saudi Global Ports (SGP) has gained the concession for a second container terminal at King Abdul Aziz Port, Dammam, in Saudi Arabia.
