Tag: Qatar

The terminal operator Qterminals announced that won a $138 million concession, in order to operate and invest in the Port of Olvia, Ukraine for the five following years. In fact, this is the second winner of the port concession during the previous week.

India wants to renegotiate the long-term contract price of LNG it buys from Qatar, according to Oil Minister Dharmendra Pradhan. Currently, India imports 8.5 million tonnes of LNG annually under long-term supply deals with Qatar.

On 24 January, the shipbuilding company Fincantieri shake hands with Barzan Holding and inked an MoU in order to boost their strategic partnership. In fact, both sides through evaluation and studies of new technologies and capabilities, aim to lead to a future acquisition of new vessels in the defense field.

Qatar Petroleum and Kuwait Petroleum Corporation (KPC) signed an agreement for the supply of up to 3 million tons per annum of LNG to Kuwait. The agreement will last for 15 years, and will start in 2022. LNG deliveries to Kuwait’s new LNG receiving terminal at Al-Zour Port will support Kuwait’s increasing energy needs and demand.

The Mediterranean Shipping Company (MSC) and Mwani Qatar signed a container services agreement, in order to allow MSC's transhipments,through the use of Hamad Port as a regional hab. Specifically, MSC will manage up to 150,000 TEUs per year and is estimated a growth up to one million TEUS until 2023.

As part of recently-announced labour reforms, Qatar is planning an end to the kafala system, marking a momentous step forward in upholding the rights of migrant workers. The reforms will mean removal of exit permits and non-discriminatory minimum wage for migrant workers by January 2020.

Qatar Petroleum and Shell subsidiaries signed a Shareholder Agreement to create a company that would provide global LNG bunkering services. The agreement signed by Qatar Petroleum’s 'Wave LNG Solutions' and 'Shell Gas & Power Developments B.V.' aims to establish a joint venture company owned equally by both parties, subject to customary regulatory approvals.

Affiliates of Qatar Petroleum and the Belgian independent natural gas transport company Fluxys Belgium signed a long-term agreement for LNG unloading services at the Zeebrugge LNG Terminal. The transaction comes after a competitive evaluation process as well as the approval of the Belgian regulators. 

Ports in Qatar handled 218,330 tonnes of building materials from January to June 2019, in comparison to 177,000 tonnes in the same period last year. These numbers show a growth of around 24%. The ports received about 661,331 containers in the first half of 2019, up by 2.% compared to the same period.

Qatar’s Ministry of Transport and Communications informed that it has completed the dredging works at Doha Port as part of its redevelopment project. Namely, up to 3.5mn cubic meters of material in the approach channel have been cleared and additional berthing has been provided to welcome more than one giant cruise ship.