Al Jalahma News

Qatari shipping and maritime company Qatar Gas Transport Company (Nakilat) reported a 10.5% year-on-year increase in net profit to QR728mn (USD 200 million) in the first nine months of this year.Nakilat, which has the largest LNG shipping fleet in the world, comprising 69 vessels, said in a press note that its positive financial performance can be primarily attributed to better operational performance in managing its liquefied natural gas (LNG) and liquefied petroleum gas (LPG) vessels.The company also realized higher revenues on additional income from the acquisition of two additional LNG carriers and one Floating Storage Regasification Unit (FSRU) in 2018…

Nakilat said for the first half of the year ended June 30, 2019 that it achieved a net profit of $130 million compared to $122 million during the same period in 2018, an increase of 7%.Nakilat’s financial performance is driven by the acquisition of two additional Liquefied Natural Gas (LNG) carriers and one Floating Storage Regasification Unit (FSRU) in 2018 is among the main attributes to the positive financial results, as well as the increased volume of projects at Nakilat’s…

Qatar-based Shipyard, Nakilat-Keppel Offshore & Marine (N-KOM) has recently received its first floating storage regasification unit (FSRU) project at the Erhama Bin Jaber Al Jalahma Shipyard.The FSRU owned by Excelerate Energy (USA) will undergo drydocking, maintenance and upgrades at the facility, which is renowned for its expertise in handling gas carriers.During its drydocking, the FSRU will undergo several modifications and retrofitting of new systems, including the installation of a ballast water treatment system (BWTS). To date, N-KOM has completed six such BWTS installations for various types of vessels such as LNG and LPG vessels as well as very large crude carriers (VLCCs).Nakilat Chief Executive Officer Eng.

Qatari marine company Nakilat said that it continued to push boundaries and successfully implemented several long-term growth strategies by strengthening its international presence and diversifying its fleet towards maintaining global leadership in liquefied natural gas (LNG) transportation.Nakilat is a shipping and maritime company with the world's largest LNG shipping fleet.Dr. Mohammed Bin Saleh Al Sada, the Chairman of Nakilat’s Board of Director, said that Qatar Gas Transport Company's (Nakilat) expanded its fleet with the addition of two liquefied natural gas (LNG) carriers and acquired a major stake in its first floating storage regasification unit (FSRU)."This opened a new horizon and business avenue for Nakilat…

Qatar's Nakilat and McDermott are establishing a 60:40 joint-venture (JV) company that provides offshore and onshore fabrication services in Qatar."The strategic partnership aims at increasing productivity levels at Nakilat’s world-class Erhama Bin Jaber Al Jalahma Shipyard and developing local construction capabilities to support the increasing demand for the construction of offshore and onshore structures in Qatar," said the Qatari marine company providing the essential transportation link in the State of Qatar's LNG supply chain.The agreement was signed in the attendance of His Excellency Saad Sherida Al-Kaabi, Minister of State for Energy Affairs…

Nakilat-Keppel Offshore & Marine (N-KOM) held a steel cutting ceremony for a new offshore accommodation platform under construction at the Erhama bin Jaber Al Jalahma Shipyard in Qatar.Chief Executive Officer of Nakilat, Eng. Abdullah Al Sulaiti, said, “This ceremony marks a milestone not only for N-KOM but also for Qatar, as this is the first such offshore fabrication to be wholly-constructed locally.”The project scope was awarded to N-KOM by Rosetti Marino, a Italian company providing engineering, procurement and construction (EPC) services to the energy industry worldwide.

Qatar Gas Transport Company (Nakilat)  has reported about 8.5% year-on-year increase in net profit to QR659mn (USD 181 million) during January-September this year."Nakilat’s stronger performance is a result of the company’s successful expansion, which is attributed to its strategic long-term plan to diversify and seek business opportunities with minimal risk, as well as through effective cost optimisation initiatives across its integrated operations," said a press release from the Qatari marine company providing the essential transportation link in the State of Qatar’s LNG supply chain.This has been achieved through the acquisition of two additional jointly-owned liquefied natural gas (LNG) carriers and a major stake in the first floating storage regasification unit (FSRU)…

Nakilat Damen Shipyards Qatar (NDSQ) delivered its first two newbuilds of fast luxury superyachts. The two 71-meter highly-complex fast diving vessels (FDV), are the first superyacht-quality newbuilds constructed entirely at Qatar’s world-class Erhama Bin Jaber Al Jalahma Shipyard, adapted from the Damen ‘Sea-Axe’ fast yacht support vessel.“NDSQ has been making strides in Qatar’s shipbuilding arena since its operations started in 2011, with successful deliveries of a variety of newbuild vessels to support operations at local ports and terminals,” said Nakilat CEO Eng.

Nakilat Damen Shipyards Qatar (NDSQ)  delivered its first two Superyacht newbuilds, a pair of 71-m fast diving vessels (FDV), the first superyacht-quality newbuilds constructed entirely at Qatar’s Erhama Bin Jaber Al Jalahma Shipyard. Adapted from the Damen ‘Sea-Axe’ fast yacht support vessel, these customized FDVs are designed and built to ensure ease of maintenance and enhanced safety features. Nakilat Chief Executive Officer Eng. Abdullah Al Sulaiti said, “NDSQ has been making strides in Qatar’s shipbuilding arena since its operations started in 2011…

Nogaholding, the investment and business development arm of Bahrain’s National Oil and Gas Authority (NOGA), recently hosted a dinner to mark the financial close of its LNG Terminal Project with Bahrain LNG WLL, the developer and owner of the first LNG receiving and regasification terminal to be developed on a public–private partnership (PPP) basis in the Middle East. Dr Dafer Al Jalahma, CEO of nogaholding, said: "Led by K-SURE, this well-structured LNG regasification terminal transaction attracted high quality project finance lending of $741 million for a tenor of 20 years. Jointly owned by the Oil and Gas Holding Company (nogaholding – 30 per cent) and a consortium consisting of Teekay LNG Partners LP (30pc)…

Bahrain LNG, the developer of the Gulf state’s receiving and regasification terminal for liquefied natural gas (LNG), has closed a $741 million syndicated loan for the platform’s construction. The private-public partnership  is being developed to supplement local gas production in Bahrain and ensure capacity to meet peak seasonal gas demand and industrial growth. Financing a project of this size and complexity is a landmark in the regional financial markets. According to the company, nine banks were lending the $741mn it will cost to build the plant and related infrastructure, capable of handling 800 million standard cubic feet per day when complete in 2019. The project includes a nitrogen facility, to lower the calorific value of imports as needed.

Nakilat Damen Shipyards Qatar (NDSQ) has delivered five vessels as part of an 11-vessel order for New Port Project (NPP). Built entirely at the Erhama Bin Jaber Al Jalahma Shipyard in Ras Laffan Industrial City, the vessels were launched and delivered to NPP after successful completion of their sea trials. Measuring 15.4 meters long with a beam of 5 meters and a speed of 25 knots, the two Damen Stan Pilot 1505 pilot boats Um Alhoul 1 and Um Alhoul 2 will be used to carry out pilot duties and the transportation of personnel.

Nakilat-Keppel Offshore & Marine (N-KOM) reports that it has delivered its first liftboat unit, Al Safliya, to Qatari rig operator Gulf Drilling International (GDI). Al Safliya is the first liftboat to be wholly constructed in Qatar at the Erhama Bin Jaber Al Jalahma shipyard The self-propelled and elevating unit has been customized for operations in the Middle East and North Africa (MENA) region in water depths of up to 65m. “GDI is pleased with the quality delivered by N-KOM for the liftboat Al Safliya," said Mubarak Al Hajri, the MD & CEO of GDI.

Nakilat - Keppel Offshore & Marine (N-KOM), the joint-venture shipyard between Qatar’s Nakilat and Keppel Offshore & Marine, has signed a landmark agreement with the Angelicoussis Group of Companies to be the preferred shipyard for ship repairs in the Middle East. The agreement applies to all vessels operating under the Group’s three ship management companies. N-KOM is located at Erhama Bin Jaber Al Jalahma Shipyard, in Ras Laffan, State of Qatar. Maran Gas Maritime’s LNG carrier was the first vessel to be drydocked at the shipyard when it commenced operations five years ago and since then, the shipyard has gone on to service thirteen LNG carriers and tankers from Maran Gas and Maran Tankers. Nakilat Managing Director Eng.

On 23 November 2015, Nakilat Damen Shipyards Qatar celebrated its first 5 years of operation. With 40 vessels delivered or under construction, the yard has proven its capability to support Qatar’s national strategy for economic diversification. Damen Chief Commercial Officer Arnout Damen. NDSQ was established in 2010 as a joint venture between Qatar Gas Transport Company Ltd. (Nakilat) and Damen Shipyards Group. Located in the northeastern corner of Qatar, the yard is ideally positioned in the middle of the Arabian Gulf and able to build ships up to 170 metres in length in steel, aluminium and composites. By building these vessels in Qatar, Mr Damen says that NDSQ is supporting the economic diversification and development strategy in the Qatar National Vision 2030.

Nakilat, in association with Qatari LNG producers Qatargas and RasGas Company Limited and engine manufacturer MAN Diesel & Turbo, recently celebrated the success of the ME-GI project involving the retrofit of chartered Q-Max vessel, Rasheeda, with a gas-burning M-Type Electronically Controlled – Gas Injection (ME-GI) System, which has now been successfully commissioned. The Qatari-owned Q-Max vessel is the world’s first low-speed marine diesel engine to be converted to use LNG as a fuel. The retrofit modification meets the current known and future stated global emissions regulations. Nakilat’s Rasheeda built in 2010 is a 266,000 m3 LNG carrier with two MAN B&W S70ME-C HFO-burning engines, which have been converted to the dual-fuel ME-GI concept.

Qatar Gas Transport Co (Nakilat), one of the world's largest shippers of liquefied natural gas, has registered a half yearly net profit of $135 million (QR490.2mn), up 10% on the same period last year. The healthy financial results reflect “Nakilat’s strategic development, the success of its joint ventures, and the company’s resilience in the challenging economic climate”, the company announced. The Board of Directors, whose chairman is the Minister of Energy and Industry Dr Mohamed bin Saleh al-Sada, stated that Nakilat was in an “excellent position to face the current economic situation”, as the company’s ships are on long-term charter hire contracts that are not impacted by temporary fluctuations in oil prices.

Eng. Abdullah Fadhalah Al-Sulaiti, Chairman of N-KOM and Managing Director of Nakilat, said, "Nakilat is a world-leader in global gas transportation and we are proud that Nakilat's joint venture with Keppel Offshore & Marine has grown to become a leader in the repair of LNG carriers. The shipyard's continued success is part of our commitment to the sustainable diversification of Qatar's economy and to the Qatar National Vision 2030. On the occasion of this important milestone, we are deeply thankful to HE Dr.

Gulf Drilling International (GDI) Limited, a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, has awarded two contracts worth US110 million to Nakilat-Keppel Offshore & Marine (N-KOM), a joint venture shipyard between Nakilat and Singapore’s Keppel Offshore & Marine (Keppel O&M). The first contract is for the construction of a self-propelled and self-elevating liftboat, which is customised for field transit operations in the Middle East and North Africa (MENA) region in water depths of up to 65 meters. When completed at the end of 2015, the liftboat will provide accommodation and platform support services for a customer with operations in Qatar.

Qatari shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) has laid the keels for two 16m-long Stan Tugs, part of a seven-vessel order for marine services provider Nakilat Svitzer Wijsmuller (NSW). A small ceremony to mark this important step in the shipbuilding process was held at NDSQ’s facilities at Erhama Bin Jaber Al Jalahma Shipyard in Qatar’s Port of RasLaffan. The two twin-screw Stan Tugs have a bollard pull of 15 tons and will be used for mooring vessels visiting the Port of RasLaffan.

Nakilat, Qatargas and RasGas Company Limited will convert a Q-Max vessel as a pilot project making it capable of running on LNG and reducing the ship’s exhaust gas and greenhouse gas emissions. Qatari shipping company Nakilat and Qatari LNG producers Qatargas and RasGas Company Limited have agreed with engine manufacturer MAN Diesel and Turbo to convert a Q-Max vessel to use LNG as an alternative to heavy fuel oil in the main engines. The proactive initiative reinforces Qatar’s commitment toward the environment with plans to convert an existing low-speed diesel LNG carrier to use LNG as fuel thereby reducing the ship’s exhaust gas emissions.

Qatari shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) say they have delivered to Milaha the 32m-long tug 'Semesma', the eleventh vessel built in the State of Qatar by NDSQ to be utilized by Milaha at the Port of Mesaieed. ASD tug Semesma has a bollard pull of 80 tons and will be used for escorting vessels visiting the Port of Mesaieed. The tug is 32m long with a beam of 13m and has been equipped for offshore towing, firefighting and pollution control. Semesma is part of a 19…

Qatar’s New Port Project (NPP) has signed an agreement with Nakilat Damen Shipyards Qatar (NDSQ) to construct 11 workboats for use at the port. HE Dr. Mohammed bin Saleh Al Sada, Minister of Energy and Industry, and HE Mr. Jassim Bin Saif Ahmed Al Sulaiti, Minister of Transport, witnessed the signing ceremony between NDSQ and NPP, on Wednesday, 17th December 2014. The contracts were signed by Eng. Abdullah Fadhalah Al Sulaiti, Chairman of NDSQ and Managing Director of Nakilat, and Capt. Abdulla Al-Khanji CEO Qatar Ports Management Company & NPP General Supervisor. NDSQ will build four 29m-long Azimuth Stern Drive (ASD) tug boats, three 16m-long mooring boats and four15m-long glass reinforced plastic (GRP) pilot boats.