Iraq

Al-Faw deal signed by AD Ports

AD Ports has entered into an important preliminary agreement with the General Company for Ports of Iraq (GCPI) to establish a joint venture to develop Al-Faw Grand Port and its economic zone. The agreement also sets a framework for the potential investment, management and operation of other ports, economic zones and related infrastructure, in Iraq.

The new joint venture is set to bring together the expertise of both entities to attract international terminal operators, foster trade relations and...

https://www.themaritimestandard.com/al-faw-deal-signed-by-ad-ports/

Basrah project completed by heavy lift alliance

When the heavy lift vessel Svenjadischarged its cargo of nine modules last month, it marked the completion of the JSI Alliance’s involvement in the Basrah Refinery upgrade project for JGC Corporation. The Alliance, which comprises Jumbo, SAL and Intermarine, dedicated two vessels to the project, with Jumbo Kineticjoining Svenja,to transport a total of 84 modules between Nantong, in China, and Iraq, using JCG’s specially designed lifting frame. 

A number of other vessels from the combined JSI...

https://www.themaritimestandard.com/basrah-project-completed-by-heavy-lift-alliance/

COLUMN | Petrofac-ed, the Wood Group and Petroserv: restructurings and transformation [Offshore Accounts]

“Fix the balance sheet before you fix the business.” This was the sage advice we gave two weeks ago when we compared Tidewater to its moribund and indebted competitors. We noted that Hornbeck, Bourbon, and Edison Chouest still have some way to go in resolving their balance sheet problems. But if...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-petrofac-ed-the-wood-group-and-petroserv-restructurings-and-transformation-offshore-accounts/

Amaan Baghdad signs groundbreaking maritime project

Part of the Al Raiya Group, Amaan Baghdad is establishing a “groundbreaking and ambitious” project to establish a floating maritime platform in Iraqi waters. The new facility, based around a jack up barge, will serve as a multi-functional hub offering a wide range of services, and will be operated as Basra Sea Support and Services (BSSS).

One of the main focuses of the BSSS project will be to provide high quality fuel oil meeting international standards. According to a statement by the company:...

https://www.themaritimestandard.com/amaan-baghdad-signs-groundbreaking-maritime-project/

COLUMN | Does the protection of trade matter? [Grey Power]

If there ever was a reason for people to stop whining about their taxes being spent on expensive warships, it is now, with the Red Sea piracy crisis (There is no other way to describe it.) stretching supply chains. But already there have been complaints about US warships being employed to defend...

https://www.bairdmaritime.com/ship-world/dry-cargo-world/column-does-the-protection-of-trade-matter-grey-power/

TMS Tanker Conference to assess operational challenges

The eighth annual The Maritime Standard Tanker Conference will take place on Wednesday 8th November 2023 at The Atlantis, the Palm, Dubai. This year the primary focus of the three conference sessions will be on environmental protection and sustainability, but the event will also highlight some of the key underlying trends affecting the operation of tankers, in the crude oil, product, chemical and gas sectors.

One of the most interesting parts of the Conference will be Session 2 in the afternoon,...

https://www.themaritimestandard.com/tms-tanker-conference-to-assess-operational-challenges/

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