Q-Ship sells crude tanker for $64.4mn
The Qatar Shipping Company (Q-Ship) has said it has sold one of its Aframax crude tankers ‘Alnoman’ to the Vietnam Petroleum Transport Joint Stock Company at Algeciras, Spain for $64.4mn (over QR234mn).
With the sale of Alnoman, Q-Ship, which owns over 90% of the country’s maritime fleet, netted a gain of about $25.82mn (about QR94mn), according to a news item posted on the Doha Securities Market (DSM) website.
The company yesterday pared 0.17% to close at QR58.3 on a volume of 14,492 shares.
Q-Ship had last month sold ‘Ruwais’ to Varun Shipping Company for $74.25mn (over QR270mn) and in October last year it sold ‘MT Aldana’ to Porlock Maritime Company and ‘MT Alhasbah’ to Tremain Shipping Company.
All these oil tankers are double-hull of over 105,000 dwt (dead-weight tonnage).
Q-Ship has been executing Qatar Petroleum’s contract for providing Harbour Towage services at Mesaieed port with fully owned four tugs, two pilot boats and 50 mooring crew.
QP has about 17% stake in Q-Ship, while Qatar Navigation holds about 15% in the company. The other companies and establishments have about 25% stake with the remaining held by public.
With the sale of Alnoman, Q-Ship, which owns over 90% of the country’s maritime fleet, netted a gain of about $25.82mn (about QR94mn), according to a news item posted on the Doha Securities Market (DSM) website.
The company yesterday pared 0.17% to close at QR58.3 on a volume of 14,492 shares.
Q-Ship had last month sold ‘Ruwais’ to Varun Shipping Company for $74.25mn (over QR270mn) and in October last year it sold ‘MT Aldana’ to Porlock Maritime Company and ‘MT Alhasbah’ to Tremain Shipping Company.
All these oil tankers are double-hull of over 105,000 dwt (dead-weight tonnage).
Q-Ship has been executing Qatar Petroleum’s contract for providing Harbour Towage services at Mesaieed port with fully owned four tugs, two pilot boats and 50 mooring crew.
QP has about 17% stake in Q-Ship, while Qatar Navigation holds about 15% in the company. The other companies and establishments have about 25% stake with the remaining held by public.