SHIPPING + MARITIME-

QatarEnergy + Nakilat sign time-charter agreement: QatarEnergy has inked a time-charter party agreement with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25 conventional size LNG vessels as part of the second ship-owner tender under QatarEnergy’s LNG Fleet Expansion program, according to a statement. The vessels will each have a capacity of 174k cubic meters and will be chartered for 15 years. Hyundai Heavy Industries will construct 17 of the vessels, while the other eight will be built by Hanwha Ocean, according to the release. The agreement supports QatarEnergy’s drive to bolster its LNG production capacity to some 142 mn tons per year by 2030, according to the release.

SOUND SMART- A time charter party is where the owner of a vessel or ship charters the vessel to a time charterer for an agreed period of time, according to UNCTAD.

Mawani adds another shipping service to King Abdul Aziz Port: The Saudi General Ports Authority (Mawani) has added a new shipping service, UIG, to its King Abdulaziz Port in Dammam, according to a statement released on Thursday. The new service will link the port to Mundra, Kandla, and Nava Sheva in India, Umm Qasr in Iraq, Hamad in Qatar, and Khalifa in Abu Dhabi, offering a capacity of 3.7k standard containers. UIG will operate weekly.

AVIATION-

Menzies expands ground handling services: Agility subsidiary Menzies Aviation has obtained a new ground handling license to provide passenger and ramp services at Jorge Chavez International Airport (LIM) in Lima, Peru, according to a statement released on Thursday. Under an eight-year agreement, the company will offer a range of ground services with plans for a local recruitment campaign to meet demand. All employees will undergo training to ensure customers receive safe and secure services, the statement said.

OTHER STORIES WORTH KNOWING THIS MORNING-

  • Riyadh Air sets sustainability goals: Saudi Arabia’s Riyadh Air has joined the United Nations Global Compact (UNGC) sustainability initiative, with the aim of incorporating UN sustainability goals in its operations. (Press release)
  • Iraq announces aircraft restoration: Iraq’s Transport Ministry has announced the return to service of Iraqi Airways ’ sixth aircraft, a Boeing 737-800. The airline aims to return 10 aircraft to service by year-end. (Statement)
  • SAFEEN vessel resumes operations:SAFEEN Group ’s 36k-tonne bulk carrier Al Maqam has recommenced operations and is trading globally. (Statement)
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