International Container Terminal Services, Inc. (ICTSI) is partnering with the Government of Iraq to operate and expand container and general cargo facilities in Umm Qasr Port. Initial investments are expected to exceed US$130m.
Phase 1 of the Umm Qasr expansion will include a new 200 m quay wall and storage yard, with a capacity of 300,000 teu. At full build, the facility will have 600 m of quay and a 900,000 teu. In addition, ICTSI will operate and manage the existing container terminal on Umm Qasr’s Berth 20.
Located on Iraq’s Gulf coast, Umm Qasr is the largest port in Iraq and the main gateway to the Iraqi market. Handling liquid and dry bulk, general cargo and containers it has 21 berths, with a total length of 5,000 m and it 2013 the port handled 500,000 teu.
Despite impressive growth over the past decade, Hans-Ole Madsen, ICTSI’s senior VP, Europe and Middle East, said, “Current cargo volumes are still only a fraction of what is expected in the future.”