Dubai: Dubai-based companies Transworld Group and NAWAH have entered into a formal agreement to jointly handle import cargo at the Port of Basra, Iraq.
NAWAH Port Management (NPM), NAWAH’s port operations business unit, operates the first modernised containerized terminal in the Port of Basra, located on the Shatt Al Arab waterway.
The two companies have already initiated joint cargo movement from Jebel Ali Port to NPM’s Port of Basra terminal with containers from Transworld Group’s Balaji Shipping Lines transiting via NPM’s feeder vessel service into southern Iraq.
Containerised and refrigerated cargo volume is forecasted to grow substantially in the next six months.
“Together with Transworld Group’s four decades of shipping experience and NAWAH’s in-depth knowledge and operational capabilities within Iraq, we are confident that we will redefine logistics in the Middle East,” said Nicholas Kunesh, NAWAH Port Management’s president and CEO.
“Through our combined expertise, market reach, state-of-the-art technology and customer-focused shipping and logistics services, we will enable Basra to continue its accelerated march to becoming a key strategic trading centre in the Middle East, bridging East and West.”
The container terminal is able to offer customers end-to-end supply-chain capabilities throughout the Iraqi hinterland through NPM’s sister company NAWAH Supply & Distribution. [13/10/14]