Connect with us

Hi, what are you looking for?

Business

Qatar’s main port achieves 5 million containers milestone

Qatar's main port

Hamad Port, Qatar’s main port, has handled more than 5 million containers since its operation, Mwani Qatar said yesterday.

The achievement reflects the growth of the port’s operations. “This milestone reflects positively on the growth of the port, which is steadily making its way to becoming one of the most efficient & competitive ports in the region,” Mwani Qatar said on its Twitter handle

Qatar’s main port  

Hamad Port was built on an area of ​​28.5 square kilometers, and includes a central cargo terminal with a capacity of 1.7 million tons per year, a grain terminal with a capacity of one million tons per year, in addition to the car terminal that accommodates 500,000 cars annually.

Mwani Qatar said that the first of the three terminals in the port is currently operating at the port with a capacity of 2.5 million TEUs annually, which will eventually reach more than 7.5 million TEUs per year.

The company added that these capabilities will be supported by a network of land, sea and railways to support the port’s transhipment capabilities in the region.

Hamad Port, according to the company, has been equipped with the latest technologies used in operating the ports, which are characterized by the highest security and safety standards, including a control tower with a unique design with a height of 110 meters, and a customs inspection area for the rapid clearance of goods (5600 containers per day), in addition to a platform to inspect ships and other multiple marine facilities.

Through its role in securing imports and re-exporting goods and goods, Hamad Port has already managed to bring about a qualitative transformation in diversifying the Qatari economy and enhancing competitiveness, the company said.

The port secures effective exporting of a number of the shipments of oil and gas sector through the port to its final destinations all over the world. It is responsible for providing shipping and unloading services to the company’s containers, including loaded containers loaded with products.

In a separate context, Sheikh Khalifa bin Jassim Al Thani, Chairman of the Qatar Chamber, announced that the volume of trade exchange with Turkey has increased by 100% over the past five years, as a result of the two countries’ strategic relationship.

Related: Qatari Masraf Al Rayan Tops UK Banks In Savings Accounts

Finance

Qatar’s retail and hospitality sector has achieved good growth since the beginning of this year, supported by infrastructure projects that have witnessed a significant...

Finance

The Qatar Stock Exchange recorded profits of about 2.3 billion riyals ($630 million) during the past week. The market value of Qatar Stock Exchange...

Business

Qatar’s inflation rate rose last July, supported by the rise of prices of eight commodity groups, according to data issued by the Ministry of...

Finance

The value of treasury bills for the month of August of this year, issued by the Qatar Central Bank (QCB), for three, six and...