Qatar Gas Transport Company Ltd. (NAKILAT) has signed a Memorandum of Understanding with Damen Shipyards Group, of the Netherlands, to form a Joint Venture which will manage a new state-of-the-art Shipyard, in the Port of Ras Laffan, for the construction of high-value ships.
The agreement was signed by His Excellency Abdullah bin Hamad Al-Attiyah, Deputy Prime Minister and Minister of Energy and Industry, Chairman of the Board of Directors of Qatar Gas Transport Company Ltd. "Nakilat" and Mr. Kommer Damen Chairman of Damen Shipyard Group "Damen".
The Shipyard has been designed to produce a wide variety of vessels, such as:
- Commercial vessels (e.g. tugs, offshore supply vessels, coastal tankers, ferries).
- Naval and Coastguard vessels (e.g. corvettes, patrol boats, fast attack craft).
- Luxury yachts (custom and semi-custom steel / aluminum vessels).
Operation of the Shipyard is expected to commence in early 2010.