Milaha, Muntajat extend petrochemical export agreement

Milaha (Qatar Navigation) has signed an extension to its previous agreement with Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) to transport up to 150
Milaha (Qatar Navigation) has signed an extension to its previous agreement with Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) to transport up to 150
0Comments

Milaha (Qatar Navigation) has signed an extension to its previous agreement with Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) to transport up to 150,000 twenty-foot equivalent units in

petrochemicals

from Qatar. 

The contract extension, which will last through March 31, 2017, adds one year to a previous two-year feeder contract.

“Milaha is proud of its longstanding partnership with Muntajat,”

Milaha Chairman Ali bin Jassim Al Thani said. “Our strong cooperation, firm commitment, and effective communication have been the key to our successful collaboration with leading Qatari firms for over 30 years. 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.”

The purpose of the agreement is to improve operational efficiency and reduce the number of calls made to the port of Mesaieed each week. In addition, the partnership will improve the schedule consistency for Muntajat at Mesaieed while decreasing the number of delays, and establish fixed berthing windows in Doha.

“Milaha will continue to serve Muntajat in the best manner possible,” Milaha President and CEO Abdulrahman Essa 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. In line with our promise of continuous service enhancements, we will support optimization 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.”



Related

HE Khalid Al Rumaihi Chairman Aluminium Bahrain (Alba)

Alba to acquire Aluminium Dunkerque for USD 2.2 billion in major industrial deal

Aluminium Bahrain (Alba) has agreed to acquire France’s largest aluminium smelter for USD 2.2 billion following an MoU signed with Bpifrance during the Choose France Summit. The deal includes significant investment by Bpifrance as minority shareholder.

Dena Almansoori

ADNOC deploys heavy-duty robot for inspections at Taweelah Gas Compression Plant

ADNOC has introduced a heavy-duty inspection robot at its Taweelah plant aimed at boosting safety during hazardous tasks. The company plans further advancements with a new operator robot capable of handling complex operations remotely or autonomously.

Hana Al Rostamani Chief Executive Officer First Abu Dhabi Bank (FAB)

First Abu Dhabi Bank reports AED 381 billion mobilised for sustainable and transition finance

First Abu Dhabi Bank says it has mobilised AED 381 billion for sustainable finance from 2022–25. The bank’s new report details support for renewable energy projects and electric vehicle adoption as part of national climate goals.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Gulf News Journal.