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Qatar Shipping gets $522 mln, 20-yr contract from QP

Qatar Shipping gets $522 mln, 20-yr contract from QP

Qatar Navigation said on Wednesday that its subsidiary Qatar Shipping Co. has been awarded a 20-year, 1.9 billion riyal ($522 million) contract by Qatar Petroleum for port services.

August 4, 2011 8:59 by

Qatar Shipping will provide and operate harbor tugs, pilot boats and mooring gangs for Mesaieed Port for 20 years from August 2014, according to a statement.
Qatar Shipping, which owns and runs a fleet of vessels operating in sectors including crude oil, petrochemicals and liquefied petroleum gas, already operates the harbor tugs, pilot boats and mooring gangs at Mesaieed Port.
This operation is expected to continue until the new contract begins, the company said.
“We are pleased to be able to build on our longstanding, extensive relationship with QP across a number of our business units,” Qatar Navigation’s Chief Executive Khalifa bin Ali Al-Hetmi said in the statement.
Qatar Navigation, which handles cargo, ships petrochemicals and repairs ships, merged with Qatar Shipping last year.
Qatar, the world’s largest exporter of liquefied natural gas, can now produce up to 77 million tonnes of super-cooled gas a year. (Reporting by Regan Doherty)

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1 Comment

  1. shipping to middle east on August 8, 2011 5:16 pm

    Ameritrans adheres to the principles of honesty and fairness without prejudice in all dealings with clients, vendors, agents, regulatory agencies, our employees and the general public.Seasoned experts, accurate information, flexibility and performance is what makes us stand out. Connected to the best sources for reliability and security.The ocean route for shipping to middle east countries passes through African waters where we have historic presence.


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