|Hamad Port's Container Terminal 2 to be operational by year-end
CONTAINER Terminal 2 (CT2) at Hamad Port is scheduled to start operations by the end of fourth quarter of this year, according to QTerminals, that said in a tweet that the facility was "on track for start of operations in late Q4 2020".
QTerminals, a terminal operating company is jointly established by Mwani Qatar (51 per cent) and Milaha (49 per cent).
Work on the 403,500-square metre CT2 began in December last year as part of Qatar's expansion strategy in its maritime sector. It has berth length of 1,200 metres and a 17-metre draft alongside and will have annual capacity of two million TEU.
Modelled as a transshipment hub CT2 is located immediately to the north of the existing Container Terminal - 1. QTerminals provides container, general cargo, RORO, livestock and offshore supply services in Phase 1 of Hamad Port, reports Gulf News, Doha, Qatar.
The Phase I of Hamad Port consists of CT1, the general cargo terminal, the multi-user terminal, which handles Ro-Ro for vehicles, machinery, and live animals, and the offshore supply services terminal
Considering the sustained growth outlook of Qatar, both CT2 and CT1 are expected to give a big push to the domestic economy in the medium to long term, industry insiders said, highlighting that the port's throughput is estimated to be roughly 1.5 times gross domestic product or GDP.
Hamad Port has significant scope for growth and innovation and QTerminals, as the operator of Phase 1 and the developer of Phase 2, has potential to establish and maintain stronger maritime trade to stimulate economic growth locally, regionally, and internationally.
Hamad Port, Qatar's gateway to world trade, handles general cargo, livestock, automobiles, and bulk grain. Its strategic geographical location offers opportunities to create cargo movement towards the upper Gulf, supporting countries such as Kuwait and Iraq, and south towards Oman, according to Neville Bissett, QTerminals chief executive.
Qatar's maritime sector continued to be busy, amidst the Covid-19, as more vessels called on Hamad Port.
According to the Planning and Statistics Authority's latest monthly statement, Hamad Port had seen 140 vessels berthed and net tonnage was 2.52 million tonnes in March 2020, reports Gulf News, Doha.