Port operator International Container Terminal Services Inc. said Monday it will spend $100 million to develop the second phase of Basra Gateway Terminal in Iraq. ICTSI chairman Enrique Razon signed the expansion of agreement for the second major development phase of BGT in North Port, Umm Qasr, Iraq. The berths will be configured and equipped with quay and landside container handling systems to handle container vessels of up to 10,000 TEUs. “Since we commenced operations at the North Port, Umm Qasr, we have striven to meet the new requirements of ship owners and deliver international standard services. Hans-Ole Madsen, ICTSI senior vice president for Europe, the Middle East and Africa said BGT raised the bar in container handling service in Umm Qasr and Iraq as a whole.

Source: The Standard October 23, 2017 11:48 UTC