Qatar Navigation buys boxship, ramps Sohar infrastructure in wake of sanctions

Qatar Navigation buys boxship, ramps Sohar infrastructure in wake of sanctions

Qatar Navigation – also known as Milaha – continues to take action to operate in a more constricted environment weeks after Arab neighbours put in place severe sanctions against Qatar.

The diverse shipowner is reported by brokers as taking the 3,586 teu HS Chopin from Germany’s Hansa Shipping for $8.25m.

Moreover, with key hub Dubai a no-go area for Qatari ships since sanctions were put in place in June, Qatar Navigation has announced plans to shift its regional transhipment hub to the port of Sohar in Oman.

The line has said it is setting up a warehousing and logistics operation at Sohar.

Milaha’s president and CEO Abdulrahman Essa Al Mannai said in a statement yesterday: “We are pleased to be setting up in Oman as we seek to strengthen our position as a leading international provider of marine transport and logistics services.”

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

Related Posts

1 Comment

  1. Rajeev Erath
    August 9, 2017 at 5:22 am

    Informative