Mwani Qatar and Muntajat sign MoU
08 Aug 2017 - 4:15
Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat), the marketing branch of Qatar Petroleum, and its subsidies have signed a memorandum of understanding (MoU) with Qatar Ports Management Company (Mwani Qatar) to benefit from Hamad Port services for a renewable five-year period.
The signing took place in the presence of Minister of Transport and Communications and Mwani Qatar Chairman, H E Jassim bin Saif Al Sulaiti, and Qatar Petroleum President and CEO Eng. Saad Sherida Al Kaabi.
According to the MoU, which was signed by Mwani Qatar’s CEO, Captain Abdulla Al Khanji and Muntajat CEO Abdulrahman Ali Al Abdulla, Muntajat will export a number of its shipments via Hamad Port to its final destinations around the world, while Mwani Qatar will be in charge of providing the shipping and unloading services for Muntajat containers from Hamad Port quays, including product-loaded as well as empty containers. Mwani Qatar will also facilitate and develop the required support services for containers and trunks.
Al Sulaiti said the MoU will act as a basis of close cooperation between Mwani Qatar and Muntajat that would enhance the contribution of Hamad Port to national economy and supports the plans aiming to achieve the goals of Qatar National Vision 2030.
The Minister added the cooperation is a model for joint work between local institutions in support of the national economy and the superior objectives of the country under the wise leadership of Emir H H Sheikh Tamim bin Hamad Al Thani.
The Minister added Hamad Port has accomplished major achievements on the regional and international fronts in a limited time, providing multiple global maritime transport lines and will progress towards achieving economic diversification by opening new global lines to help in achieving its goals in terms of improving Qatar’s competitiveness in the region by turning it into a regional commercial hub.
Al Kaabi said the MoU is a significant step towards promoting petrochemical exports via Hamad Port, which stand at 2.2 metric tonnes (equal to 150,000 containers annually), which makes up to 75% of Qatar’s container exports.
Al Kaabi said this accomplishment does not only help in achieving Qatar National Vision 2030 but also is an implementation of the directives of HH the Emir in relying on local abilities and developing capacities in order to reach global markets and enhance the global trust in Qatar and the quality of it products.
Al Abdulla said the MoU is a beginning for a long-term relationship to benefit from Hamad Port capacities and enhance integration among Qatari companies in order to offer distinguished services for their clients around the world. Al Abdulla added that the agreement will give Muntajat access to directly ship to its 2,000 clients in more than 135 countries. He added that the MoU is a start for direct shipping from Hamad Port to six main destinations; Shanghai in China, Mundra and Nhava Sheva ports in India, Sahar and Salalah ports in Oman, and Derince port in Turkey.
Al Khanji, meanwhile, said the agreement will contribute to enhancing Hamad Port capacities in the field of re-exporting and consolidating its status as a major commercial gateway.
He stressed Mwani Qatar’s keenness on building strong and fruitful partnerships with domestic and international companies in order to support the goals of Qatar National Vision 2030 and enhance commercial exchange between Qatar and foreign countries.
Al Khanji said the cooperation with Muntajat would help in achieving the goals of Mwani Qatar and its plans to establish itself locally and enhance its presence regionally and internationally as a leading company in offering integrated port and logistic services.