"DPW tends to focus on origin and destination ports in emerging markets, which are relatively less sensitive to cyclical downturns as opposed to transshipment ports,” Moody's said.
31 Jul 2015
Work on the New Port Project at Al Wakrah, Qatar, is rapidly progressing towards completion as the small Gulf nation seeks an alternative to the congested existing port.
31 Jul 2015
Oman International Container Terminal operated by Hutchison Port Holdings, will quadruple capacity to 6 million 20-foot-equivalent units, to capitalize on the recent closure of the Port Sultan Qaboos, Muscat.
30 Jul 2015
A revolution is quietly under way in Saudi Arabia’s ports sector, as the first facility to be run outside government control attracts the world’s leading shipping alliance, piling pressure on the kingdom’s premier west coast port, Jeddah Islamic Port.
30 Jul 2015
Officials at Khalifa bin Salman Port in Hidd, Bahrain, predict a structural shift in the size of the Bahraini cargo market and forecast a dramatic increase in container throughput to 500,000 20-foot-equivalent units this year because of growth in government-led infrastructure and construction schemes.
28 Jul 2015
DP World posted a 4.2 percent increase in container traffic in the first half of the year, driven largely by strong growth at its terminals in Europe and the United Arab Emirates.
25 Jul 2015
As the container trade from Asia to the Middle East grows, Saudi Arabia is expanding the container-handling capacity of its ports, opening a new terminal at Dammam this spring.
16 Jul 2015
Mediterranean Shipping Co. is testing the waters in Iran as it appears more likely United Nations sanctions will be lifted as part of a new nuclear agreement between the West and the pariah state.
23 Jun 2015
Hapag Lloyd is adding the port call of Ashdod, Israel, to its service connecting the country with Turkey and said it will begin calling on Iskenderun, Turkey in late July through an unspecified service.
21 Jun 2015
DP World will use automated cargo-handling at a container port it plans to open this year at Yarimca, Turkey, on the Sea of Marmara near Istanbul. The terminal, DP World’s first in Turkey, will have capacity of 1.3 million 20-foot-equivalent units a year.
16 Jun 2015
CMA CGM has strengthened its services to Turkey by adding a call to the port of Iskenderun in order to serve rising demand for raw materials that are converted into industrial inputs and finished products.