Qatar Gas Transport to Add to Fleet

Friday, September 22, 2006
According to Forbes, Qatar Gas Transport Co said it will lease 10 South Korean-built liquefied natural gas (LNG) carriers, bringing the size of its carrier fleet to 16. The company said it signed a contract with Qatar Liquefied Gas Co to acquire seven QFlex carriers and three 'QMax' carriers on 25-year lease. The 10 vessels, which will be constructed by Daewoo Shipbuilding and Marine Engineering, Hyundai Heavy Industries and Samsung Heavy Industries, will enter service in January 2009, QGTC managing director Muhammad Ghannam said in the statement. Although the value of the contract was not specified, QGTC chairman Faisal al-Suwaidi said in May the company intends to invest a total of $16b to have a fleet of 61 carriers by 2010.
Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

New Binding Law of The Sea Agreement Advanced

WOC Sustainable Ocean Summit (Singapore, 9-11 November 2015) Will Enable Industry to Organize its Input to this Major New Ocean Treaty Development The U.N.

Oceans Can’t Take Any more: Researchers Fear Fundamental Change

Our oceans need an immediate and substantial reduction of anthropogenic greenhouse gas emissions. If that doesn’t happen, we could see far-reaching and largely

Teekay LNG Partners Declares Distribution

Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended June 30, 2015. The cash distribution is payable on August 14,

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1608 sec (6 req/sec)