Iraq will start to invite bids for the first phase of the US$6mn Grand Faw port in the South of the country, Iraq?s port company said.
Logistics
Cargotec reveals automated coning and de-coning device
Cargotec has expanded its portfolio with an automated lashing platform for quayside twistlock handling.
DP World saw strong growth in 2011
DP World posted a record year for container handling, with over 54.7mn TEU handled in 2011, an increase of 10 per cent over 2010.
Cargo volumes at Dubai airports jumped in 2011
Dubai International and the new Dubai World Central Al Maktoum International handled 2.3mn tons of cargo in 2011 which was an? increase on the previous year.
SRO awards US$9.4 billion Haramain Railway contract

Haramain Railway railway project will link Makkah and Madinah to the Red Sea coastal city of Jeddah, and to King Abdullah Economic City.
Saudi Railways Organisation (SRO) has awarded the US$9.4 billion Haramain Railway second phase contract to the public-private Saudi-Spanish Al-Shoula consortium.