• 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.




2019 February 18

14:20 Average wholesale prices for М-100 HFO up to RUB 15,842 in RF spot market
14:02 MOL Chemical Tankers acquires 20% share of Dutch tank container company Den Hartogh
13:39 2nd Hydraulic Engineering Structures and Dredging Congress to gather over 200 Russian and foreign participants
13:15 ONE unveils enhanced intra-Asia Japan service network for 2019
12:51 Nakhodka Trade Sea Port and Damen sign contract on delivery of tug by summer 2019
12:18 33 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on February 17-18
11:53 World Maritime University signs MoU with Jordan Academy for Maritime Studies
11:30 Coastal fish assessments to continue in Baltic Sea with renewed HELCOM project
11:07 Fincantieri starts dry dock works on ultra-luxury cruise ship "Silver Moon"
10:55 Finnpilot Pilotage amendments its service terms during validity of winter assistance restrictions
10:26 ASCO is interested in cooperation with prominent shipping companies
10:07 Diana Shipping announces the sale of two Panamax dry bulk vessels and time charter contracts for m/v Crystalia and m/v Maera with Glencore
09:40 Brent Crude futures price is up 0.17% to $66.36, Light Sweet Crude – up 0.45% to $56.23
09:21 Baltic Dry Index is up to 639 points
09:07 Panama Canal Board of Directors appoints new Canal Administrator and Deputy Administrator
08:07 IMO conducts training course to enhance maritime security in Kenya
07:32 Valencia hosts first internal technical meeting of European project “H2PORTS - Implementing Fuel Cells and Hydrogen Technologies in Ports”

2019 February 17

16:59 Coast Guard responds to vessel fire near Rockport, Texas
15:09 Kleven Shipyard delivers to Maersk the AHTS Maersk Maker
14:33 Danube high-speed low-wash ferry offers new level of efficiency and reliability
13:21 Interorient Marine Services Ltd. convicted and sentenced for oil discharge
12:39 USCG assists in rescue of five people from sunken vessel near Dutch Harbor
11:01 European ports welcome agreement on the European Maritime Single Window environment

2019 February 16

16:15 Ribbon-cutting kicks off ICTSI´s Batumi terminal expansion project
14:42 Höegh’s RoRo solution chosen for 112MT Transformer shipment
13:28 Torqeedo wins Innovation Award at Miami International Boat Show for powerful new inboard electric propulsion system
12:13 Telford Offshore beefs up its fleet
10:26 Chevron inks new LNG agreement with GS Caltex

2019 February 15

18:05 Noble Corporation announces purchase of a second newbuild jackup rig from PaxOcean
16:57 Port of Goole powered by £1 million solar installation
16:26 ABP continues support of Felixstowe Volunteer Coast Patrol Rescue Service
15:30 Sea Cup 2019 preliminaries kick off in Kamchatka
15:04 CNIIMF authorized to confirm conformity of dangerous cargo containers
13:59 Nevsky Shipyard starts cutting metal for cargo-passenger ship of PV22 project
13:32 Murmansk Sea Fishing Port handled 5,500 tonnes fish in Jan’2019, down 48% Y-o-Y
13:08 Fincantieri and Princess Cruises celebrate three construction milestones of three “Royal” class ships at the Monfalcone shipyard
12:45 Dredging under Sea Port Sukhodol project to exceed 7 mln cbm – details to be covered at the Congress
12:08 Port of Oakland import volume increased 9 percent January 2019
11:46 8 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on February 14-15
11:27 Okskaya Sudoverf lays down seventh dry cargo carrier of Project RSD32M
11:08 DNV GL and Metalships & Docks ink class agreement for luxury sailing vessel
10:53 Throughput of Ukraine’s seaports in Jan’19 grew by 3.4% Y-o-Y to 11.19 million tonnes
10:29 Brent Crude futures price is up 0.63% to $64.98, Light Sweet Crude – up 0.57% to $54.72
10:08 EFIP welcomes the adoption of the European Parliament resolution on NAIADES II
09:41 Bunker prices are going up at the port of Saint-Petersburg, Russia (graph)
09:16 Baltic Dry Index up down to 628 points
09:07 ICTSI inaugurates the expansion of its Batumi International Container Terminal
08:07 MAN Energy Solutions wins contract to supply the engines for a new harbour tug in Spain
07:41 Inmarsat announces new initiatives to support maritime, ports and logistics start-ups with Rainmaking and Bluetech

2019 February 14

18:03 Austal's LCS 20 completes acceptance trials
17:44 Royal Navy to discuss the future of unmanned and autonomous naval warfare at SMi's 3rd annual Unmanned Maritime Systems Technology 2019
17:22 Freight turnover of Neva-Metal (Saint-Petersburg) in January 2019 fell by 26% Y-o-Y to about 190,000 tonnes
17:03 MOL Techno-Trade takes part in marine environmental protection program
16:25 VTB acquires 100% of Novorossiysk Grain Terminal from NSCP Group
16:03 Port of Virginia container volume up 8.9% to 134,638 TEU in January 2019
16:03 Expert expects uncertainty on global fuel market next week
15:49 “K” Line’s LNGC makes maiden call from Ichthys LNG Project to Naoetsu LNG Terminal in Japan
15:40 BSTDB to finance construction of Lavna coal terminal under agreement with STLC
15:21 2nd Conference “Dangerous cargoes: new transportation requirements” to be held under the auspices of RF Chamber of Commerce and Industry
15:03 ONE renewes own loading record exceeding 19000TEUs