30/08/2016 06:08 AST

Nakilat Damen Shipyards Qatar (NDSQ), one of the region’s leading ship-building companies, has delivered five brand new vessels as part of an eleven-vessel order for New Port Project (NPP).

Built entirely at the ‘Erhama Bin Jaber Al Jalahma Shipyard’ located in Ras Laffan Industrial City, the vessels were launched and delivered to NPP after successful completion of their sea trials.

Measuring 15.4 metres long with a beam of 5 meters and a speed of 25 knots, the two Damen Stan Pilot 1505 pilot boats Um Alhoul 1 and Um Alhoul 2 will be used to carry out pilot duties and the transportation of personnel. The three Damen Stan Tug 1606 mooring boats, Mwani 1, Mwani 2 and Mwani 3, measure 16.7 metres long with a beam of 5.9 meters and have a bollard pull capacity of 13.7 tonnes. These vessels will be used to assist ships entering and departing the port.

Abdullah Al Sulaiti, Nakilat Managing Director, said: “We are pleased to be delivering the first five vessels built for NPP. This project is a reflection of hard work incorporated with vision that has worked well on all levels: successful new builds for a local client at Erhama Bin Jaber Al Jalahma Shipyard, based on a proven design. The cooperation between Nakilat and NPP is an excellent example of how local organisations are working together to support the development and growth of our local economy, that will in turn contribute to the achievements of Qatar National vision 2030.”

Capt. Abdulla Al Khanji, CEO of Mwani Qatar and General Supervisor, NPP, said: “Hamad Port is being developed as a world-class facility as befits the State of Qatar. The delivery of these vessels is an important milestone in the delivery of the project. The completion of these marine units represent the culmination of a successful collaboration between NPP and NDSQ. To have vessels of such outstanding quality manufactured in Qatar, for use in Hamad Port is testament to the professionalism of all those involved.”

NDSQ is a joint venture between Nakilat, a leading Qatari LNG transport company, and Dutch shipbuilder Damen Shipyards.


The Peninsula

Nakilat holds fourth Annual National Forum

29/03/2018

Nakilat recently held its fourth ‘Annual Forum’ for its Qatari employees. The event was an excellent platform for National employees to learn about the company’s career development plans and programs

The Peninsula

Nakilat showcases maritime & naval expertise at DIMDEX

13/03/2018

Nakilat is showcasing the world-class capabilities and infrastructure of Qatar’s premier shipyard at the Doha International Maritime Defence Exhibition and Conference (DIMDEX).

Now in its s

The Peninsula

Nakilat expands joint venture partnership with Maran Ventures

04/03/2018

Nakilat has expanded its joint venture partnership with Greek shipping company Maran Ventures Inc to include two additional LNG vessels. Maran Nakilat Co was first established in 2005 with four joint

Gulf Times

Ticker Price Volume
JARIR 177.89 111,251
RIBL 13.83 1,519,548
SABIC 114.77 5,915,941
QGTS Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
SGS 36.84 -0.03 (-0.09%)
QNNS 54.24 -0.76 (-1.39%)
ARMX 4.20 -0.06 (-1.41%)
AIRARABIA 1.18 0.00 (0.00%)
BUDGET 38.62 -0.01 (-0.03%)
SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News