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Qatargas Gains Two New LNG Vessels

Maritime Activity Reports, Inc.

November 5, 2007

Two new LNG vessels that will join the Qatargas fleet have been handed over to the owners’ consortium by Daewoo Shipbuilding & Marine Engineering Ltd (DSME) at its ship building yard in the Geoje Island in South Korea. The vessels Al Ruwais and Al Safliya will now proceed with bunkering and leave South Korea in the next few days. The first cargo will be delivered to Japan using one of these vessels before the year end. Two more vessels are expected to be delivered from other South Korean yards this month. Qatargas has chartered the ships from the vessel owners under a consortium of Nakilat, Pronav and some German investment companies. [Source: http://www.gulf-times.com]

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