Milaha signs 1-year feeder agreement with Muntajat

Milaha has signed a one-year feeder agreement with Muntajat (Qatar Chemical and Petrochemical Marketing and Distribution Company), to transport up to 150,000 TEUs (twenty foot equivalent units) of petrochemical exports from Qatar.The contract — which came into effect from April 1, 2016 and up to March 31, 2017 — is an extension of a previous two-year feeder contract between Milaha and Muntajat.The renewed contract was signed by Milaha chairman Sheikh Ali bin Jassim al-Thani, president and chief executive  Abdulrahman Essa al-Mannai, and members of the executive management of both companies.Milaha will support Muntajat in optimising vessel sizes to improve operational efficiency and reduce the number of weekly calls required at the port of Mesaieed. Milaha has also introduced fixed berthing windows in Doha, thereby reducing the possibility of delays at Doha Port and improving schedule reliability for Muntajat at Mesaieed. “The extension of our feeder partnership with Muntajat is in line with our vision to establish strategic and long-term partnerships with local companies to contribute towards Qatar’s economic growth. Our core operations around Qatar provide optimal flexibility in response to any sudden changes in the business environment,” Sheikh Ali said.Asserting that Milaha will continue to serve Muntajat in the best manner possible, al- Mannai said “we are confident that our fleet will fully satisfy the requirements of Muntajat in exporting petrochemicals from Qatar to the rest of the world.”As part of efforts to offer continuous service enhancements to Muntajat, Milaha will support optimisation with larger vessels, berthing priority in Jebel Ali Port in Dubai, co-loading from CT7, and fixed berth windows in the network to accommodate timely and efficient operation in Mesaieed port.