Qatar to Initiate 45 Contracts for LNG

Friday, December 15, 2006
Qatar will initiate 45 shipbuilding contracts for the largest liquefied natural gas (LNG) ships ever constructed, by Q1, 2007, the Gulf Times reported. Qatargas said the total value of the LNG tankers fleet Qatar planned to procure would exceed $11b. It said Qatar is taking LNG ship design to new level by introducing a 215,000m3 vessel, Q-Flex, and even a larger version, Q–Max, with a 265,000m3 capacity. The dimensions of the Q-Max vessels are approximately that of a modern Very Large Crude Carrier (VLCC). To drive Qatar’s LNG tankers acquisition, a high-level team has been set up. Called Qatar Ship Acquisition Team (QSAT), its mandate includes administration of competitive tenders to pre-qualify ship builders, owners and managers. Source: Gulf Times

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Mermaid Maritime Bags Subsea Contracts, Delays Newbuilding

Thailand’s Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million.   It has also reached

Hercules Offshore Filing for Bankruptcy Again

Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.

DONG Energy Listing to Value Group at up to $16 Bln

DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but

LNG

NASSCO Lays Keel for Jones Act Tanker Liberty

U.S. shipbuilder General Dynamics NASSCO hosted a keel laying ceremony on Thursday, May 26 for the Liberty, one of three new ECO Class Jones Act tankers under a

Höegh LNG Turns to Profit in 1Q

Höegh LNG returned to profit following a Profit after tax of USD 6.3 million for the first quarter of 2016, up from USD 4.0 million net loss in the fourth quarter 2015.

World’s Biggest LNG Buyer Becomes Seller

EDF Trading, a wholly-owned subsidiary of French power giant EDF, has signed an LNG sales and purchase agreement with Japanese LNG aggregator Jera Co Inc, one

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar
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: 0.0762 sec (13 req/sec)