Middle East – Page 9
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NewsMSC signs 30-year concession with Abu Dhabi Ports for new Khalifa Port container terminal
Abu Dhabi Ports has signed a 30-year concession agreement with MSC Mediterranean Shipping Company to establish a new container terminal at Khalifa Port, UAE.
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NewsKBSP running at 45% capacity
Bahrain’s Khalifa Bin Salman Port (KBSP) is currently operating at 45% of its capacity.
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NewsTi: Middle East Gulf risks overcapacity
A report by transport research and analysis company Transport Intelligence (Ti) has claimed that the Middle East Gulf region could suffer from substantial overcapacity of container terminal infrastructure if all planned projects go ahead.
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NewsStatus quo at Yemen ports despite missile attack
A missile attack on a tanker proceeding in the Southern Red Sea has had no effect on the working status of ports in Yemen or the flow of ships in the region, according to an update from protection and indemnity insurer Gard.
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NewsBahrain’s KBSP to launch IPO
The operator of Bahrain’s Khalifa bin Salman Port (KBSP) has said it intends to launch an initial public offer (IPO) for the facility by the end of 2018.
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NewsUN calls for Yemen ports to remain open to aid
The UN Security Council has called for ports in Yemen to remain open to allow commercial and humanitarian imports to reach people in need of them.
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NewsDP World records strong 2017 results
DP World reported total revenue of $4.7bn and total profit of $1.2bn in 2017, marking increases of 13.2% and 7.3% respectively from 2016.
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NewsKhalifa Port set for car terminal
Abu Dhabi Ports and Barcelona vehicle terminal Autoterminal have signed a shareholder agreement to manage a car/ro-ro terminal at the UAE''s Khalifa Port in Abu Dhabi under a 15-year concession.
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News$250m Basra terminal-capacity investment
$250m of investment at International Container Terminal Services'' (ICTSI) Basra Gateway Terminal (BGT) at the Port of Umm Qasr could take annual handling capacity over 1m teu.
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NewsKing Abdullah Port targets 5m teu capacity
Plans are in place to grow King Abdullah Port''s capacity from 3m teu to 5m teu and create new logistics services.
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NewsDP World presents its vision for Sokhna World Zone
DP World has presented its vision for its Sokhna World Zone project which envisions a sustainable industrial area to attract foreign investment complete with a range of investment incentives.
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NewsYemen sees ports reopen
Saudi Arabia has reopened some ports in Yemen a week after the Saudi-led military coalition battling the Houthi movement there announced a temporary closure of all Yemeni ports to staunch the tide of arms being sent to Houthi rebels from Iran.
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NewsYemen’s Port of Aden reopens
Two days after ordering a nationwide seaport closure, the Saudi-led military coalition battling the Houthi movement in Yemen has allowed work to resume at the Port of Aden, an official there said on Wednesday.
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NewsHutchison Ports to operate Ahmed Bin Rashid Port
Hutchison Ports has secured a deal to operate Ahmed Bin Rashid Port in Umm Al Quwain (UAQ), United Arab Emirates (UAE).
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NewsHutchison begins Saqr terminal operations
Port operator Hutchison Ports has officially begun operating at its terminal at Saqr Port in Ras Al Khaimah (RAK) in the UAE.
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NewsYemen conflict sees ports abandoned
Yemen’s ports of Hodeidah and Saleef have been left in limbo following a UN order for commercial ships to leave.
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NewsJeddah development to help economic diversification
Jeddah Port will be developed by DP World as part of a plan to diversify Saudi Arabia''s economy.
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NewsICTSI approves Iraq’s BGT development
ICTSI has approved the second development phase of the Basra Gateway Terminal (BGT) in North Port, Umm Qasr, Iraq.
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NewsBulk terminal deal for King Abdullah Port
King Abdullah Port has signed a 25-year agreement with AMSteel to operate its first bulk and general cargo terminal berth.
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NewsCollision course
Overcapacity, politics and the price of oil are set to collide in the Middle East, writes Stevie Knight.
