Tag: Iraq

The Republic of Iraq has acceded to IMO treaties covering search and rescue, and safety of maritime navigation.

Iraq ratified Convention No. 185, including provisions for the issuance of seafarers' identity documents as well as facilitation of shore leave and transit and transfer of seafarers, ILO informed. 

According to Basra Governorat, pirates have hijacked an Iraqi ship that was stranded outside the country’s waters and took it to an unknown location.

Iraq continues the development of the Grand Faw region near Basra into a new deep-water port, while also signed a contract with South Korea’s Daewoo Engineering & Construction Company.

Rystad Energy estimated that the extra oil coming into the global market from April will be as much as 3 million barrels per day (bpd), while OPEC+ countries are able to add next month 2 million bpd, according to their storage, spare capacity and ramp up capabilities.

With one of the most powerful military commander of Iran announced to be killed by a US air strike in Baghdad, Iraq earlier this morning, the merchant shipping heading close to the Middle Eastern waters has been pushed back and put on high alert due to fears that Iran will respond to the American drone strikes.

Following the ongoing protests taking place at port of Umm Qasr, Iraq, now Khor al-Zubair commodities port near Basra, the second main port in the gulf port, reopened and is now able to continue its normal operations, as Reuters reports.

Hundreds of protesters blocked entry to the Port Umm Qasr, Iraq’s main commodities port near Basra, preventing employees and tankers from entering and bringing operations down by 50%, on Monday.

The port of Umm Qasr in Iraq has shut down once again, after its short reopening following days of closure. Protesters continued to block all the main roads leading to the port, a key part of the logistics chain for Iraq's food supply, which has now been effectively closed for more than a week.

Boskalis, Dutch maritime company, inked a Memorandum of Understanding (MoU) with Iraqi oil ministry for the construction of a new export terminal in Iraq. The project will last for three years. Boskalis, according to the deal, will construct Iraq's largest industrial island to export crude oil in the offshore area, located in the Persian Gulf.