Dubai-based companies Transworld Group and Nawah Port Management have entered into a formal agreement to service Iraq’s growing demand for imports, linking their shipping, logistics, marine services and port capabilities.
Technovaa Packaging Industries, a leading packaging manufacturer in the UAE and the industrial arm of Darvesh, has broken ground at Khalifa Industrial Zone Abu Dhabi (Kizad) for its Dh250-million ($68 million) new manufacturing facility.
Topaz Marine Engineering Division (TMED), a leader for marine engineering services, has opened its new ship repair facility at Abu Dhabi Ports Company’s (ADPC) Free Port next to the Zayed Port.
The facility, for which the la
Oman’s Port Services Corporation said the government has ceased negotiations with it on the proposed deal regarding management and operation of the dry port at the upcoming South Batinah logistics hub in Barka, Oman, according to a report.
The port expansion programmes in various Gulf countries will increase regional capacity to more than 65 million twenty-foot equivalent unit (TEUs) by 2016, according to an expert.
“The GCC has at least 35 major ports and is pursui
Libya's eastern Hariga oil port has fully recovered from eight months of blockades by protesters and is exporting more than 120,000 barrels per day (bpd), port officials said.
Hariga, located in Tobruk near
Abu Dhabi Terminals, which operates and manages Khalifa Port Container Terminal, is set to expand its container terminal over the next three years at a cost of Dh400 million ($108.8 million), said a report.
The money would be spen
The Jebel Ali port has ranked among the top 10 list of the world’s largest ports, according to the latest container ports’ rankings from Lloyd’s List, Containerisation International and The Journal of Commerce.
A group of rebels campaigning for autonomy in eastern Libya rejects the parliament set up by another armed group in Tripoli but will honour a deal to keep major oil ports open, a rebel spokesman said.
The first phase of the QR27 billion ($7.4 billion) New Port Project in Doha, Qatar, is set to be operational by the end of 2016 with the initial capacity to accommodate two million containers, said a report.
It eventually be incre