QTerminals Marks New Container, Cargo Handling Milestones
- Business & Finance
Terminal operating company QTerminals has reached major milestones by handling two million TEU and five million tonnes of general cargo by the end of October 2018, three times more compared to June 2017.
The company, set up by Qatar Navigation (Milaha) and Qatar Ports Management Company (Mwani Qatar), explained that the surge in volume was achieved in record time with operations at Hamad Port only starting as of October 2016.
“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,” Jassim Saif Ahmed al-Sulaiti, Minister of Transport and Communications and Chairman of QTerminals, said. He added that 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, explained that 2018 “has been a transformative year for the port management and operations industry.”
He added that QTerminals’ objective is to optimize 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.”