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2006 November 24   08:38

Qatar Shipping Company to get QR225m profit in ship sale

Qatar Shipping Company will be receiving around QR225m in profits from the sale of two of its ships.The Doha Securities Market (DSM)-listed firm has signed an MoU with the Vietnam Petroleum Joint Stock Company for the sale of an Aframax tanker, the MT Alnoman. The vessel is required to be delivered to the buyers between January 1 and February 15 next year.
Another MoU was signed with Varun Shipping of India for the sale of the product tanker MT Ruwais. The vessel is required to be delivered to the buyer between January 1 and January 15 next year, according to the DSM website

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