Doha: Qatar Gas Transport Company (Nakilat) yesterday signed a Memorandum of Understanding (MoU) for a joint venture with Damen Shipyards Group to construct high-value vessels, such as tugs, coastal patrol boats and luxury yachts at its Ras Laffan shipyard, writes the Peninsula On-Line.
The shipyard, expected to commence operation in early 2010, is expected to roll out roughly 15 vessels a year, ranging from commercial shipping vessels and offshore vessels to naval offerings and luxury yachts. The vessels will be made available to both local and international buyers.
QGTC md, Muhammad Ghannam said Nakilat's main interest is in commercial vessels, such as tug boats and supply vessels for the offshore structures which are in high demand in Qatar and the region. [27/03/09]
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