Qatar Shipping To Buy Two Vessels

Qatar Shipping Co. plans to buy two new vessels worth $24 million each. General manager Nasser Saeed al-Sulaitah said the decision to purchase the vessels, which would each transport 35,000 tons of clean petroleum products and petrochemical products, was made in light of the firm's plans to produce vinyl.

He said the company has received offers from shipbuilding companies in South Korea, Japan and China and that the firm would study the offers and review their technical aspects.