Shipping lines with direct service calls to the port and that do not transship within 250 nautical miles are eligible for the incentives.
Terminal operating company QTerminals announced it will offer incentives effective Friday to main shipping lines that have direct services calling at Qatar’s Hamad Port and do not transship within a range of 250 nautical miles from the port.
The range covers the entirety of Bahrain and Saudi Arabia’s Persian Gulf coastlines and nearly all of the United Arab Emirates’ coastline on the same gulf. The three countries, along with Egypt, introduced a trade embargo against Qatar in 2017.
The mechanism for the application of the incentives will be revealed later, QTerminals said Thursday as reported by the Qatar News Agency.
QTerminals was jointly established by Mwani Qatar, which owns 51 percent of the company, and Milaha, which owns 49 percent.
The terminal reportedly handled 99,481 TEUs, 75,643 of breakbulk, 5,317 tons of ro-ro and 80,311 head of livestock in February.
Incentives introduced for calling at Qatar’s Hamad Port
