MAG Boosts Iraq Shipping Capacity by 60%

[k98nights]

MAG Boosts Iraq Shipping Capacity by 60%

Posted on 19 December 2013. Tags: Abu Fallous, Basra, dubai, MAG, shipping, UAE, United Arab Emirates

 

 

 

By John Lee.

 

Dubai-based MAG Container Lines (MCL), a division of the multinational MAG Group, has added three new automated vessels to its existing fleet on the UAE-Iraq route.

According to the report from TradeArabia, the addition of the Al Hussein, MAG Bride (pictured) and MAG Pearl boosts the company’s potential capacity on the route by 60 percent.

A total of $6 million was invested in the IAX-class vessels, which have an individual cargo capacity of 301 TEUs, or 3,549 metric tonnes, with all three ships already operational.

The company first began operations in 2005 as a pioneer liner from Khalid Port in Sharjah to the high profile private port Abu-Fulus [Abu Fallous], located 25 kilometres south of Basra.

(Source: TradeArabia)

 

http://www.iraq-businessnews.com/2013/12/19/mag-boosts-iraq-shipping-capacity-by-60/

 

[Fearless Four]

Good news!

[mcjocky1]

Three "new" IAX class for $6 million, ? .. cheap.

 

 UAE to Iraq Umm Qasr, carrying 301 TEU's at half weight, or 164 at 21,600 Kg.= 3542 Metric tons

 

 One large carrier can deliver 49 times that tonage in one drop.

 

 Key word "potential".. fancy wrapping paper doesn't increase the value of the gift.

 

 Basra & Umm Qasr handle ships that dwarf these.

[sandfly]

THANKS