Iraq marine transport fleet expansion begins with a new plan to boost the country’s shipping power. The General Company for Maritime Transport started a strategy that focuses on building modern multipurpose ships. This effort aims to grow national capacity and strengthen Iraq’s role in global trade. The phrase “Iraq marine transport fleet” highlights the center of this strategy and shows the government’s clear goals.
The company plans to build 15 vessels through different funding methods. Eight ships will come from investment deals, while five will be financed through a Japanese loan. In addition, two more ships will use the operational budget. With this mix of funding, Iraq ensures steady progress toward its fleet goals.
Currently, Iraq’s General Company for Maritime Transport owns six commercial ships. Three of them carry 14,000 tons each, while one carries 10,000 tons. The fleet also includes two service ships that help commercial and industrial vessels. The new plan will expand this base and bring stronger capacity for trade.
Officials explained that this project forms part of a long-term plan for maritime growth. By adding new ships, Iraq marine transport fleet expansion will allow the country to compete in regional and international markets. This step also helps ensure smooth transport of goods both into and out of Iraq.
Moreover, the Ministry of Transport worked on this vision earlier through its technical department. The department prepared a full plan to acquire advanced ships from trusted international providers. With guidance from the Transport Minister, Iraq placed maritime strength as a national priority.
The new fleet expansion strategy connects with Iraq’s wider economic goals. As trade grows and demand for shipping rises, Iraq marine transport fleet expansion provides a direct path to greater capacity. This move will not only improve the country’s infrastructure but also help its economy link more closely with global markets.