• 2018 February 9 18:24

    ICTSI Basra leads in Iraq port investment

    International Container Terminal Services, Inc. (ICTSI) continues its pioneering work in Iraq’s port sector with its second phase investment in new container terminal infrastructure well underway at its Basra Gateway Terminal (BGT) at the Port of Umm Qasr, ICTSI said in a press release.

    ICTSI is unique in demonstrating its commitment to the Iraqi ports sector via large scale investment in new terminal infrastructure and container handling systems. On completion of the current second phase expansion scheme, ICTSI will have invested in excess of USD250 million, the lion’s share of which is for a new berth, yard construction, and state-of-the-art handling equipment.

    The phase two expansion, to be completed in stages by Q3 2019, will deliver 400 meters of new quay with a draft of 14 meters, alongside a new 30-hectare yard area and a 15-hectare secure parking area.

    Three post-Panamax ship-to-shore cranes would likewise be installed along the quay, and seven rubber tired gantries (RTG) will provide state-of-the-art stacking and handling power in the yard area. The overall design provides for handling container vessels of up to 9,000 TEU capacity. Upon completion of the second phase, BGT will have an annual handling capacity of over one million TEUs.

    The second phase development was triggered by strong demand, a reflection of the high service levels and modern facilities offered by BGT to shipping lines and cargo owners.

    Underlining BGT’s ongoing commitment to maintaining high service levels, the latest round of development also includes the acquisition of a cutter suction dredger with the dual objective of ensuring strict adherence to the construction schedule and maintaining draft alongside the terminal’s new and existing births.

    “We are listening to our customers and are proactively meeting their needs,” says Phillip Marsham, BGT executive officer.

    “The second phase expansion will not only allow us to respond immediately to scale needs, but also deliver added flexibility to the whole container handling operation with diverse benefits flowing to our customers,” he adds.

    In Q1 2017, BGT completed the first phase of its terminal greenfield project, which included the construction of a new 250-meter berth and a 15-hectare yard area.

    Last year also saw BGT’s expansion of its service portfolio with the development of quay and yard areas configured for the safe and efficient handling of oil and gas project cargoes, allowing BGT to establish successful partnerships with the oil and gas industry.

    Operations at Berth 21 likewise commenced in January 2018, introducing a dedicated roll-on, roll-off (ro-ro) facility, where international standard operational practices remain.

    “Our commitment to helping Iraq develop international standard port infrastructure continues to expand,” says Hans-Ole Madsen, ICTSI senior vice president and regional head of Europe, Middle East, and Africa.

    “We invested for the long term in fixed infrastructure since day one. We continue to receive strong and most encouraging assistance from the General Company for Ports in Iraq and other government bodies in this respect. We are confident that we can continue to build on this productive partnership to the benefit of port users and the country as a whole,” Madsen underlined.

    ICTSI’s USD250 million investment in BGT will progressively deliver world-class multipurpose cargo handling facilities and unparalleled efficiencies to the Port of Umm Qasr, including the capability to service larger, new generation box ships.

    The implementation of the second phase expansion works at ICTSI’s Basra Gateway Terminal is well advanced, taking ICTSI’s investment in the Port of Umm Qasr in excess of USD250 million.

    About BGT
    In 2014, ICTSI signed a contract with the General Company for Ports in Iraq to manage, operate and rehabilitate terminal facilities in North Port Umm Qasr, Iraq and to develop and expand container handling capacity via new infrastructure development. ICTSI has progressively built on this initial commitment.

    About ICTSI
    Headquartered and established in 1988 in Manila, Philippines, International Container Terminal Services, Inc. (ICTSI) is in the business of port development, management and operations. As an independent business with no shipping, logistics or consignee-related interests, ICTSI works and transacts transparently with any stakeholder in the port community. ICTSI’s portfolio of terminals and projects spans developed and emerging market economies in the Asia Pacific, the Americas, and Europe, the Middle East and Africa. ICTSI has received global acclaim for its public-private partnerships with governments divesting of their port assets to the private sector.




2018 May 21

15:59 Federal funding contributes to critical infrastructure projects to support trade through the Port of Vancouver
15:31 Vympel Shipyard launches 75th Mangust patrol boat for Russian FSB Border Service (photo)
15:00 Marine Recruiting Agency starts implementing a package of educational software for UCL Holding companies
14:29 Average wholesale prices for М-100 HFO up to RUB 6,326 in RF spot market
14:03 'Sulphur cap chaos in 2020' warn world’s shipowners - ICS
13:57 BMT supports installation of Kriegers Flak Foundations
13:53 Multipurpose Reloading Complex doubles its investments in development
13:27 Financial report of Azerbaijan Caspian Shipping Company receives positive review
12:58 Tallink wins prestigious tourism award at Asia’s biggest tourism fair ITB China
12:29 IMO supported Regional Workshop for Latin-American countries to implement treaties dealing with liability and compensation
11:56 Vladimir Serebrennikov elected as Director General of Arkhangelsk Sea Commercial Port
11:20 FESCO reduces delivery time from Republic of Korea to Russia from 23 to 15 days
10:31 Water Transport newspaper celebrates its centenary on 31 May 2018 at Boris Yeltsin Presidential Library
10:08 MOL starts selling of new "Viable Organism Analyzer" for ballast water
10:02 Brent Crude futures price up 0.7% to $79.06, Light Sweet Crude – up 0.69% to $71.86
09:38 NOVATEK creates Maritime Arctic Transport Company
09:17 Baltic Dry Index down to 1,273 points

2018 May 20

09:21 Hapag-Lloyd announces FAK rates from North Europe to Caribbean, Central America and South America West Coast
09:19 EU Ambassadors visit Peru’s largest multipurpose terminal
09:16 SEA\LNG bolsters its knowledge base with the addition of MAN Diesel & Turbo
09:13 Finnlines starts new direct service between Helsinki and Aarhus
09:11 Canadian Coast Guard selects ABS for fleetwide contract

2018 May 19

10:56 CMA CGM announces FAK rates from Asia to North Africa
10:01 CMA CGM announces PSS from Nigeria to India and Vietnam
07:50 Port of Kiel welcomes “Saga Sapphire” maiden visit
07:47 The “GRANDE HALIFAX” christened in Halifax

2018 May 18

18:00 Denis Manturov appointed as the Minister of Industry and Trade of the Russian Federation
17:44 Port of Hamburg posts Q1 2018 results
17:39 Yevgeny Ditrikh appointed as the Minister of Transport of the Russian Federation (photo)
17:38 Seaspan accepts delivery of third 10000 TEU SAVER containership in four ship series
17:35 Prosafe extends standstill agreement with Cosco
17:17 Okskaya Sudoverf delivered Belmax 1, first non-self-propelled tank barge of Project ROB20
16:51 Special event on ports at IMO Headquarters will focus on single window, ports and logistics
16:35 Port of Hamburg receives ‘Best Global Seaport’ award
16:05 IMO begins scoping exercise on autonomous vessels
15:42 Brand-new jetty at Rotterdam LBC Tank Terminals ready for vessels
15:40 HELCOM group meets in Riga to discuss nutrients from land-based sources
15:39 Multimillion pound investment continues in Grangemouth, Scotland's premier port
15:38 India benefits from IMO training on port emissions
15:11 Nevsky Shipyard starts sea trials of medium sea tanker of project 23130 (photo)
14:44 Star Marine takes delivery of RAstar 3400 quartet
13:53 Ladozhsky Bridge in the Leningrad Region drawn twice to let PORT FLEET’s tugboats through
13:47 Eniram signs MoU with Arista Shipping to participate in Project Forward for developing new generation of bulk carriers
13:29 Statoil ASA changes name to Equinor ASA
13:00 Cargo turnover at inland water ways of Azov-Don Basin down 12.7% to 606,000 tonnes
12:42 ABS to provide class and certification services for the entire Canadian Coast Guard fleet
11:57 Astrakhan branch of Zvyozdochka shipyard launches rescue towboat for RF Defence Ministry (photo)
11:35 Huntington Ingalls authenticates keel of submarine Montana (SSN 794)
11:18 Akademik Lomonosov FPU arrives in the Kola Bay (photo)
11:03 UAE signs MoU with ITF
10:32 Throughput of port Kaliningrad in 4M’18 up 10% Y-o-Y to 4.71 million tonnes
10:30 Scorpio Tankers announces sale and leaseback agreements for five product tankers
10:13 Brent Crude futures price up 0.30% to $79.54, Light Sweet Crude – up 0.21% to $71.64
09:56 ZNT Yard launched the lead hydrographic survey vessel and lays down two more HSVs (photo)
09:17 Baltic Dry Index fell to 1,305 points

2018 May 17

18:05 Technava and Propulsion Analytics join forces for providing management solutions to the shipping industry in Greece and Cyprus
17:54 Throughput of port Taganrog in Jan-Apr'18 up 39.8% to 1.46 million tonnes
17:35 EUROGATE chosen as “Best Green Container Terminal Operator 2018”
17:19 Throughput of port Vyborg in 4M’18 up 22% Y-o-Y to 417,000 tonnes
17:05 Costa Group and Marseille Fos Port announce partnership