Middle East – Page 21
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News
Haifa hangs on SPARCS
Israel''s largest container handling port, Haifa is to replace its existing terminal operating system the Navis Sparcs N4 operating system. The system promises improved customer support, increased stacking yard capacity and greater control over resources.
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NewsNo bail out for DP World
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.
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Red Sea Gateway gets going
The completion of the first phase of Jeddah Islamic Port''s newest world-class container facility, Red Sea Gateway Terminal (RSGT), was recently celebrated with the arrival of UASC''s Al Muttanabi. Located at the northern end of the Jeddah Islamic Port (JIP), the 1.8m teu, second-generation terminal constructed under a buil-operate-transfer agreement ...
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ICTSI unit wins Syrian award
Tartous International Container Terminal (TICT), was recently named best Container Terminal Manager in Syria. TICT was one of 25 Syrian companies chosen in the recent World Finance Syria Economic Reform Awards held in London. The awards were given to companies who weathered the social and economic problems of the country.
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Aden seeks more transhipment traffic
The Port of Aden is looking to expand its infrastructure to enable it to attract higher levels of transhipment traffic. The two existing terminals are managed by a joint venture between a state-owned company and DP World. Design work on the planned extension is begin in 2010.
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NewsPorts free of Dubai woes - almost
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 restructuring process for Dubai World."
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DP World detects market stabilisation
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.
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Gulftainer confirms Iraq forays
Middle East operator Gulftainer has confirmed that it is actively involved in "new ventures" in Iraq.
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Israel to privatise Ashdod and Haifa
The Israeli government is to go ahead with the privatisation of the Ashdod and Haifa port companies.
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Gulftainer invests in the future
United Arab Emirates-based Gulftainer is optimistic that throughput at its Sharjah Container Terminal "may show some growth" this year in defiance of the global downturn.
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NewsThroughput boost for Syria's TICT
Syria''s 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 a further increase in volume and vessel calls over the coming months, according to Romeo Salvador, TICT general ...
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NewsBy-passing the Gulf
Are port infrastructure development projects aimed at placing Saudi Arabia as the transhipment hub of the Middle East? Patrik Wheater reports
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NewsAPMT opens Dubai office
Operator APM Terminals has inaugurated its regional head office in Dubai for its Africa, Middle East & Indian subcontinent region.
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NewsGulf investment becomes unsure
Declining oil revenues and the current economic downturn could put at risk $40bn of investment planned in ports and terminals across the Gulf region.
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NewsNo real change at DP World
It''s ''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.
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Iraq improves Umm-Qasr
Iraq''s 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.
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News
Haifa's new box terminal completed
Israel Ports Company has completed its $250m Carmel container terminal and has turned over operations to the Haifa Port Company.
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NewsJordan ports body hits a wall
The Ports Corporation of Jordan, which is due to be transformed into a standalone company, could take longer than expected.
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News
Plug pulled on Jebel Ali 3
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 prospects improve. Completion of Terminal 2 earlier this year brought capacity to approximately 11m teu, which is viewed ...
