A view of the new ship Gas Ionian.
DOHA: Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) yesterday announced inducting a modern 2011 built LPG carrier ‘Gas Ionian’ on time charter in Mesaieed, said a press statement.
Muntajat holds the exclusive rights to purchase, market, distribute and sell Qatar’s production of chemical and petrochemical products on the global market.
The state-of-the-art vessel, with 9,000 cubic meter capacity, is recognised for its high safety and efficiency performance. It will be primarily used to transport vinyl chloride monomer (VCM) produced by Qatar Vinyl Company(QVC) to customers on the sub-continent and South East Asia.
Guests from Muntajat and QVC met the crew onboard to discuss future plans and shipments.
The Chief Executive Officer of Muntajat, Abdulrahman Ali Al Abdulla, said: “Muntajat’s operational strength emanates from its ability to reduce lead-times and decentralise distribution; we are always seeking new ways to maximise efficiency in our operations for the benefit of our customers. We are pleased to add to our fleet this state of the art vessel that will enable us to achieve new levels of efficiency and economy in distribution. Muntajat will acquire similar modern tonnage in the future as we look to further expand our network.”
The CEO of QVC, Hamad Rashed Al Nuaimi, said: “QVC has been producing VCM since 2001 and the product is mainly supplied to the Indian Subcontinent. I am sure this new ship will add value and flexibility for transportation of VCM to valued customers of Muntajat. QVC products are well accepted in the market and we believe that Muntajat’s market presence and service to its customers will be improved by this ship.”
Yousef Jeham Al Kuwari, Executive Director Marketing and Sales at Muntajat commented: “Taking on this new ship clearly demonstrates Muntajat’s commitment to providing safe and reliable distribution of Qatar‘s chemical products to our customers. Additionally the new vessel will be able to carry two grades of cargo at the same time, which provides Muntajat with additional flexibility.”
Dr Mark Betts, Muntajat’s Executive Director of Operations commented: “The ship has her own nitrogen plant onboard which allows the Gas Ionian to nitrogen purge her cargo tanks. The new ship had already shown impressive capabilities in gassing up and cooling down her cargo tanks in less than 24 hours compared to the usual 48 hours. Furthermore the ship loaded a full cargo of 8,450 metric tonnes of VCM in a safe and efficient manner which benefits both producers and customers.”
The Peninsula
