Image source: Maersk Line.
Container shipping company, Maersk Line, has ended all port calls to Iran to avoid damaging business with Western countries, particularly the US
Maersk ends Iran service
Logistics
ABB wins US$115 million Saudi Arabian FACTS order
ABB will supply two SVCs at Haramain High Speed Railway?s substations. ABB has also installed an SVC at Viklandet in Norway. (Image source: ABB)
ABB has won an order worth US$115mn to provide a FACTS (flexible alternating current transmission system) solution enhancing the reliability of the transmission grid that will feed major railway interconnections in Saudi Arabia
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
Final four consortia to compete for Riyadh metro project
Saudi Arabia has picked four international consortia as the final competitors to build the Riyadh metro project
Etihad Rail and Hoyer sign MoU to develop liquid transport system
Etihad Rail has signed a Memorandum of Understanding (MoU) with Hoyer Global Transport to develop a bulk liquid transportation system across the UAE
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