Milaha buys its largest container vessel from STX
Qatar-based maritime and logistics conglomerate Qatar Navigation (Milaha) has acquired its largest container vessel to date, Majd, a 3,768 TEU vessel, reported Gulf Times. Majd was built by STX Shipbuilding Co. Ltd. in South Korea, and has a length overall (LOA) of 246.87 m and a deadweight of 44,985 metric tonnes. “Majd will be phased into our existing network and will gradually replace smaller tonnage,” Abdulrahman Essa Al-Mannai, Milaha’s President and CEO, said. The new ship will be one of the 17 container vessels that the group operates, and is part of the group’s strategy to optimize its container shipping network with larger tonnage to meet increasing customer demand for capacity and cost efficiency in a competitive market. Milaha currently fully owns and operates a fleet of over 80 vessels, including LNG and product tankers, offshore support vessels, container and bulk vessels, among other vessel categories.