Hamad Port handles 2 million TEU, 5 million tonnes of cargo

Its success lies in having diversified and expanded its business base.

Qatar’s Ministry of Transport and Communications celebrated the handling of over two million TEU and five million tonnes of cargo at Hamad Port.  It was for the period until the end of October 2018.
The event was attended by Minister of Transport and Communications, H E Jassim bin Saif Ahmed Al Sulaiti, and chairman of QTerminals.
This feat was achieved in record time since its launch less than two years ago.
“This important achievement is a clear indication of the status which Hamad Port has gained in such a short time. Its great success lies in having diversified and expanded its business base,” the Minister said.
“The port is playing a significant role in meeting the needs of local markets as well as servicing the country’s major projects.”
Neville Bisset, CEO of QTerminals said: “2018 has been a transformative year for the port management and operations industry.
Changing economic trends, shifting trade patterns, and worldwide demographic movements are influencing the supply chain.
“Our objective is to optimise capacity and maintain the highest service levels, thereby driving the expansion and diversification of trading partners for the benefit of Qatar’s economy and trade.”
Certainly, Hamad Port has significant scope for growth and innovation.  QTerminals, as the operator of Phase 1 of Hamad Port, is in a unique position.  It can enable stronger maritime trade and stimulate economic growth.

Vibrant regional hub

The main objective is to transform Qatar into a vibrant regional hub by making Qatari ports the preferred choice for port users.  Importantly, there is an emphasis on innovation, ensuring global operating efficiencies and developing high-quality customer service.
Another aim is to apply best practices and international standards to stimulate trade and support investment and economic diversification.
Therefore, this, in turn, enhances the position of Hamad Port.  Moreover, it ensures the local market’s stability and eliminates the use of intermediate ports.
QTerminals is a terminal operating company jointly established by Mwani Qatar (51%) and Qatar Navigation (Milaha – 49%).
Source: The Peninsula Qatar

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