Q-Ship sets up marine services company

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Doha: Qatar Shipping Company (Q-Ship) is establishing Pacific Marine Services, a limited liability company with a seed capital of QR200,000, writes Gulf Times. The proposed company’s activities include loading, unloading and handling of goods by land, sea and maritime transport activities. Q-Ship will hold 99% stake in the company and the remaining will be held by Gulf Investment in Navy Ships Company, a Q-Ship spokesman said in a communiqué to the Qatar Exchange. No further details were disclosed.  [26/08/09]