Qatar strengthens maritime infrastructure to support economic expansion

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Rather, the 1,000-day air and sea blockade has accelerated Doha’s efforts to prepare its maritime infrastructure and related sectors to provide additional cushioning to its economy, where import substitution is catching up, indicating growing self-sufficiency. in some underlying sectors. .
QNB, the country’s leading public sector bank, recently said that Qatar’s plans to increase liquefied natural gas production to 126 million tonnes per year by 2027 will lead to a major boom in the shipping industry. and logistics services in the country.
In addition to inviting mega cruise and freight liners as well as opening floating hotels, Qatar has also launched a ship surveillance project to improve maritime safety and preserve the marine environment. He also made a foray into the Black Sea region to manage and operate a Ukrainian port, indicating Doha’s long-term vision in the global maritime sector. Qetaifan Projects, a company owned by Katara Hospitality, is set to build and operate 16 floating hotels on the shores of North Qetaifan Island to provide accommodation in fan villages during the FIFA World Cup 2022.
Hamad Port, which in a short time has occupied a prominent place among the ports of the region in terms of volume of container and cargo handling, has entered into a pact with a global giant MSC or Mediterranean Shipping Company.
Thanks to this merger, MSC will use the port of Hamad as a regional hub to manage transhipments of up to 150,000 containers per year, increasing to 1 million by 2023.
Stating that the plan is to transform Qatar into a dynamic regional trading center in the region, HE Minister of Transport and Communications Jassim Seif Ahmed al-Sulaiti said that the agreement with MSC “contributes to the optimal utilization of capacity port of Hamad and improve import and export operations through it.
Hamad Port’s annual turnover is one of the highest compared to neighboring ports. It is also the second port in the region in terms of capacity at a rate of 7.5 million containers per year.
An approximately 10-fold growth in container traffic through the Port of Hamad, which recently set a new Guinness World Record as the deepest man-made basin ever on Earth, has helped Qatar record a strong expansion in the world. net tonnage in November 2019.
The total number of ships calling at Qatari ports stood at 491 and the Port of Hamad, which has seen the world’s largest shipping lines seek entry and growth in Qatari and regional markets, docked 137 vessels, according to the latest data from the Planning and Statistics Authority. .
Hamad Port’s strategic geographic location offers opportunities to create freight movement up the Gulf, supporting countries such as Kuwait and Iraq, and south to Oman, QTerminals Managing Director said, Neville Bissett.
The port of Doha has seen up to 3.5 million cubic meters of material in the approach channel being cleaned up and an additional berth is to accommodate more than one giant cruise ship.
“The transformation of the Port of Doha into a major hub for cruise ships in the region will generate significant economic benefits for several key industries in Qatar, such as hotels, restaurants, retail and service sectors. Moreover, it will be one of the main milestones for Qatar during the 2022 FIFA World Cup, ”said Sheikh Mohamed bin Khalid al-Thani, Director of Technical Affairs, MoTC.
Qatar, already a brand in itself in the clean gas market, carved out a niche in the global maritime industry when its terminal company made a foray into the Black Sea region.
QTerminals, a joint venture between Milaha and Mwani Qatar, recently won a concession to develop, manage and operate the Port of Olvia, which represents an exceptional opportunity for the development and operation of global ports. It will invest some $ 120 million in the Ukrainian port over the term of the 35-year concession.

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