Ports Director: Operations at the Grand Faw Port will begin this year, 2026.
The Director General of Iraqi Ports, Farhan Al-Fartousi, announced today, Monday, that Iraqi ports ended 2025 with advanced operational and financial indicators, stressing the company’s readiness to enter 2026 with economic and commercial change plans, while indicating the start of operations during 2026 for the Grand Faw Port.
Al-Fartousi said during a press conference that “the total weight capacity of the ports reached about (43.32) million tons in 2025, compared to (39.20) million tons in 2024, while the operational capacity of oil derivatives increased to (15.593) million tons compared to (13.741) million tons in the previous year.”
He added that “the total container handling during 2025 reached about (2.094) million containers, compared to about (1.080) million containers in 2024, which reflects growth in commercial activity and import movement.”
He pointed out that “the company’s revenues in 2025 amounted to about 1.25 trillion Iraqi dinars, compared to 1.063 trillion dinars in 2024,” noting that “the results reflect an improvement in operational efficiency and financial stability.”
In the energy sector, he indicated that “the company has made significant progress in preparing the navigation channel and the docks for the floating gas station (FSRU),” explaining that “the company undertook the preparation of the designs and financed the project with approximately (133) million dollars, in coordination with the relevant government agencies.”
Regarding the Grand Faw Port, Al-Fartousi confirmed “the start of initial operational steps that included receiving ships and opening shipping lines, with continued work on connection and infrastructure projects, including the connecting road, in preparation for starting operations during 2026.”
He concluded by saying that “the company seeks to enhance regional and international connectivity and integrate Iraqi ports into global supply chains, with 2026 being a turning point in commercial and operational performance.”
Alforatnews.iq