Mwani Qatar, Muntajat ink deal to benefit from Hamad Port Services

09 August, 2017: Qatar Ports Management Company (Mwani Qatar) and Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) have signed a Memorandum of Understanding (MoU) at the Ministry of Transport and Communications (MOTC) headhunters to benefit from Hamad Port's services for a renewable five-year period.

As per the MoU, Muntajat will export through Hamad Port a number of its shipments to its various end 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.

Witnessed by Minister of Transport and Communications and MWANI's Board Chairman Jassim Saif Ahmed Al-Sulaiti and Qatar Petroleum's Managing Director and Chief Executive Officer Engineer Saad Sherida Al Kaabi, the MoU was signed by Captain Abdulla Al Khanji, CEO of MWANI Qatar and Abdulrahman Ali Al-Abdulla, Chief Executive Officer of Muntajat.

"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," Ahmed Al-Sulaiti said on the occasion.

"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.

Meanwhile, Al Kaabi said, "The signed MoU is an important step towards boosting the Qatari petrochemical exports through Hamad Port, which reach 2.2 million metric tons or equivalent to 150 thousand equivalent container annually, representing 75% of the volume of container exports of Qatar."

Al Kaabi added, "This breakthrough contributes not only to the achievement of Qatar National Vision 2030, but also the implementation of the directives of His Highness Sheikh Tamim Bin Hamad Al Thani, the Emir of the State of Qatar, to depend on our local capabilities and develop our abilities to get access to international markets."

"The MoU will allow us to ship products directly from Hamad Port to customers which they are more than 2000 customers in 135 countries, in an efficient and quick way," Muntajat CEO Abdulrahman Ali Al-Abdulla pointed out, adding that such an achievement will 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.

For his part, MWANI CEO Captain 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.

He went on to say: 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.