State-owned Muntajat will export Qatar’s petrochemical products through Hamad Port for which an agreement was signed by Qatar Ports Management Company (Mwani Qatar) and Qatar Chemical and Petrochemical Marketing and Distribution Company in Doha.
The agreement was signed in the presence of HE the Minister of Transport and Communications, Jassim Seif Ahmed al-Sulaiti, also Mwani chairman at the Ministry of Transport and Communications in Qatar.
Muntajat can benefit from Hamad Port’s services for a renewable five-year period, an official release said.
As per the MoU, Muntajat will export through Hamad Port a number of its shipments to various destinations around the world while Mwani Qatar will be in charge of providing container loading and unloading services at Hamad Port berths as well as facilitating and developing support services for containers and trucks.
Al-Sulaiti said, “The MoU signed today between Mwani Qatar and Muntajat will boost Hamad Port's contribution to the national economy and support our plans to achieve Qatar National Vision 2030. Such cooperation is an ideal model for joint work among local institutions to support the local economy and the lofty goals the country seeks to achieve under the wise leadership of His Highness the Emir Sheikh Tamim bin Hamad al-Thani.”
"Hamad Port has been able to achieve significant achievements at the regional and international levels in a short period of time as it has provided various international maritime transport lines and will continue work towards achieving economic diversification through opening new international lines to improve Qatar’s competitiveness and transfer it into a regional trading hub,” he added.
The MoU was signed by Captain Abdulla al-Khanji, Mwani Qatar CEO and Abdulrahman Ali al-Abdulla, Muntajat chief executive officer.
Qatar Petroleum managing director and chief executive officer Saad Sherida al-Kaabi was present.
Al-Kaabi said,“The signed MoU is an important step towards boosting the Qatari petrochemical exports through Hamad Port, which will reach 2.2mn metric tonnes or equivalent to 150,000 equivalent containers annually, representing 75% of the volume of container exports of Qatar.”
He said, “This contributes not only to the achievement of Qatar National Vision 2030, but also the implementation of the directives of His Highness the Emir Sheikh Tamim bin Hamad al-Thani to depend on our local capabilities and develop our abilities to get access to international markets.”
Al-Abdulla said, “The MoU will allow us to ship products directly from Hamad Port to more than 2,000 customers in some 135 countries, in an efficient and quick way.”
He said such an achievement would enhance the company’s capabilities and competitiveness in the international markets.
“The MoU allows exporting Muntajat’s products directly to six destinations – Sahar and Salalah Ports in Oman, Mundra and Nhava Sheva ports in India, Port of Shanghai at China, and Dier Banji port in Turkey. There are plans to add new destinations in future,” he added.
Al-Khanji welcomed the signing of the memorandum of understanding with Muntajat, pointing out that the MoU will enhance Hamad Port’s capacity in the field of re-shipment and put it as a major gateway for trade with the world.
Al Khanji stressed Mwani’s “keenness to build strong and fruitful partnerships” with local and international companies and institutions to achieve Qatar National Vision 2030 and boost trade exchange between Qatar and the world.
“The collaboration with Muntajat will contribute to achieving Mwani Qatar’s goals and plans to consolidate its position locally and enhance its regional and international presence as a leading provider of integrated logistics services,” he added.
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