Font Size

- Aa +

Tue 31 Oct 2006 08:00 AM

Font Size

- Aa +

Qatar Navigation

The board of directors at Qatar Navigation recently approved the construction of three container vessels.

The board of directors at Qatar Navigation recently approved the construction of three container vessels. The order is valued at US$71.7 million, with each vessel featuring a capacity of 1100 TEUs each. The company also has an option to build a fourth vessel with the same capacity, at a cost of $23.9 million. Qatar Navigation selected Dae Sun Shipbuilding and Engineering Company to build the vessels.

For all the latest transport news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.