NSK Deutschland GmbH
Renishaw Plc
Volvo Penta

twitteryou tubefacebookacp

US consortium signs US$14 million deal to modernise Iraqi port

Iraq has signed a deal with an US consortium to modernise the Maqal Port. (Image source: Ben Salter/Flickr)

Iraq has signed an US$14mn deal with a US consortium to modernise the Maqal Port in the countrys southern province of Basra

As part of the 10-year agreement with a consortium led by North America Western Asia Holdings (NAWAH), the companies will invest in a new heavy-lift crane as well as container handling capabilities and build a modern container yard in one of the 14 berths in the Maqal Port on Shatt al-Arab waterway.

?The modernisation of Maqal Port is an important step in helping Basra regain its status as a key regional trading hub,? NAWAH said in a statement.

Paul Brinkley, president and chief executive officer of NAWAH, remarked, ?The speed at which Iraq can rebuild and become prosperous is greatly dependent upon the capacity of its ports.

?The modernisation of Maqal Port is an important step in helping Basra regain its status as a key regional trading hub.?

With Umm Qasr Port, Iraq?s only other modern port, some 64km away from downtown Basra, the new venture will provide a full spectrum of companies representing Basra?s merchant community and industrial base with closer accessibility to a containerised berth.

Hadi Al-Amiri, Iraqi minister of transportation, added, ?Modernising Maqal Port is one step in Iraq?s greater vision to improve and expand our country?s shipping and port capabilities.?

Oil Review Middle East
Deep Sea

EGA and Masdar leadership at the signing of the agreement. (Image source: Masdar)

Baudouin is catering to the demands of the data centre markets with the release of three new uprated DCP ratings. (Image source: Canva)

The ground-breaking product on display is the FLIR Si2-Pro, an industrial acoustic imaging camera for partial discharge detection, pressurised leak detection and mechanical fault detection. (Image source: Teledyne FLIR)

Energy technology takes spotlight at the MEE. (Image source: Adobe Stock)

The plant will add 80MW of power generation capacity from a non-fossil fuel source. (Image source: ALEC)

Special belt covers guarantee an effective reduction in dust. (Image source: Wirtgen Group)

Daryl Wake, business development manager, DEKRA

SSAB will begin deliveries of the new products in 2026. (Image source: Manitou Group)

DEWA's SAP upgrade drives innovation, sustainability, and efficiency in Dubai's utilities. (Image source: Adobe Stock)

Erich Kaltmann, managing director of Mosdorfer GmbH. (Image source: Mosdorfer)

The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)

An example of the kanban method deployed at Staytite. (Image source: Staytite)

DNV's survey unveils energy sector optimism amid challenges, with political uncertainty looming. (Image source: Adobe Stock)

Markus Oberlin, CEO of Farnek. (Image source: Farnek)

EGA and Masdar leadership at the signing of the agreement. (Image source: Masdar)

Baudouin is catering to the demands of the data centre markets with the release of three new uprated DCP ratings. (Image source: Canva)

Energy technology takes spotlight at the MEE. (Image source: Adobe Stock)

The plant will add 80MW of power generation capacity from a non-fossil fuel source. (Image source: ALEC)

UL Solutions launches HOMER Front 1.0, enhancing energy storage system design with advanced forecasting capabilities. (Image source: UL Solutions)

SSAB will begin deliveries of the new products in 2026. (Image source: Manitou Group)

The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)

DNV's survey unveils energy sector optimism amid challenges, with political uncertainty looming. (Image source: Adobe Stock)

An example of the kanban method deployed at Staytite. (Image source: Staytite)

Markus Oberlin, CEO of Farnek. (Image source: Farnek)

Erich Kaltmann, managing director of Mosdorfer GmbH. (Image source: Mosdorfer)

The emphasis is on constantly optimising value creation processes. (Image source: Rittal)

With RFID, assets can be given unique digital identities that enable you to identify and locate them all at once, from a distance, in real time.

The ground-breaking product on display is the FLIR Si2-Pro, an industrial acoustic imaging camera for partial discharge detection, pressurised leak detection and mechanical fault detection. (Image source: Teledyne FLIR)

The four-point track system is available globally on four boom lifts up to 80 ft / 24 m class. (Image source: Genie)

Reed Exhibitions FZ-LLC