Financial Ports

Iraq revives state shipping line after 50-year gap with Gulf debut

CLAVE 1 / 4Iraq’s Basrah, a 17,787 dwt container ship, departed Jebel Ali on October 21 for Kuwait.

CLAVE 2 / 4The voyage ends a 50-year hiatus for Iraq’s state-owned shipping line.

CLAVE 3 / 4The vessel carries approximately 900 TEU and will shuttle between Kuwait and Umm Qasr.

CLAVE 4 / 4The initiative aims to boost Gulf trade and ease supply chain strains amid regional conflict.

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