31 March 2014

Nakilat Damen Shipyards Qatar (NDSQ) and Qatar Armed Forces have signed two MoUs for the construction of seven vessels at Qatar’s premier shipyard

Doha, March 31, 2014 — Qatari shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) has signed two Memoranda of Understanding (MoU) worth QAR 3.1 billion to build seven vessels for Qatar Armed Forces.

The MoUs were signed on Thursday 27th March during the DIMDEX event at Qatar National Convention Center (QNCC). Once all the necessary agreements are finalized, the vessels mentioned in the MoUs will be constructed in the State of Qatar by NDSQ at its shipbuilding facility at Erhama Bin Jaber Al Jalahma Shipyard in Ras Laffan.

The MoUs signed by NDSQ and Qatar Armed Forces concern six 50m-long axe-bow high-speed patrol vessels and one 52m-long diving support vessel for the Qatar Armed Forces. All vessels are highly sophisticated state-of-the-art naval ships built based on proven designs providing unparalleled seaworthiness. The diving support vessel includes decompression capabilities. A large Integrated Logistic Support package is also mentioned in the MoUs.

Eng. Abdullah Fadhalah Al Sulaiti, Managing Director of Nakilat and Chairman of NDSQ, said: “We are delighted with these MoUs, both for our company and for our country. To be given the opportunity to build these vessels in Qatar for Qatar will be an incredible achievement and a strong contribution to the continued growth of our nation’s marine industry. These MoUs are confirmation of the State of Qatar’s world-class shipyard capabilities.

“We are thankful to HE Major General Hamad bin Ali al-Attiyah, Minister of State for Defence and we also thank Qatar Armed Forces for placing their trust in our company and in Qatar’s marine industry. We look forward to working closely with Qatar Armed Forces and to finalizing the details of this agreement”.

NDSQ is a joint venture between Nakilat and Dutch shipbuilder Damen and is based at Erhama Bin Jaber Al Jalahma Shipyard in the Port of Ras Laffan, Qatar. NDSQ began operations in 2010 and builds ships in steel, aluminum and fiber reinforced plastic (FRP), up to 170m in length. For more information visit: www.ndsq.com.qa.

Nakilat is a Qatari marine transport company providing the essential transportation link in the State of Qatar’s LNG supply chain. Its LNG shipping fleet is the largest in the world, comprising 58 LNG vessels. Nakilat also manages and operates four large LPG carriers. Via two strategic joint ventures, N-KOM and NDSQ, Nakilat operates the ship repair and construction facilities at Erhama Bin Jaber Al Jalahma Shipyard. For more information visit: www.nakilat.com.qa.

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