Middle East Economic Survey

VOL. XLIX

No 51

18-Dec-2006

QATAR

Qatar Navigation Awards $72Mn Shipbuilding Contract To Daesun

Qatar Navigation announced on 3 December that it had awarded a $71.7mn contract to South Koreas Daesun for the construction of three container vessels.The vessels, with a maximum speed of 18 knots and a capacity of around 1,000 TEUs (twenty-foot equivalent unit) each, will help meet the increase in container traffic at Qatari ports. Qatar Navigation expects to receive the...