QatarEnergy Inks Nakilat Deal for Operation of 25 LNG Ships
QatarEnergy signed time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25, 174,000 cubic meter LNG vessels as part of the second ship-owner tender under QatarEnergy’s historic LNG Fleet Expansion Program.The agreements were signed by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy and Mr. Abdullah Al Sulaiti, the CEO of Nakilat, in a special ceremony held at QatarEnergy’s headquarters in Doha…
QatarEnergy Charters 25 Nakilat LNG Carriers
QatarEnergy signed time-charter party (TCP) agreements with Qatar Gas Transport Company (Nakilat) for the operation of 25 conventional-size LNG vessels as part of the second shipowner tender under QatarEnergy’s LNG fleet expansion program.Seventeen of the 25 LNG vessels are being built at the Hyundai Heavy Industries (HHI) shipyards in South Korea, while the remaining eight are being built at Hanwha Ocean, also in South Korea.These agreements firm up last month’s selection of…
QatarEnergy Selects Nakilat to Own and Operate 25 LNG Vessels
QatarEnergy has selected Qatar Gas Transport Company Limited (Nakilat) to be the owner and operator of up to 25 conventional-size LNG carriers pursuant to Time Charter Parties (TCP).The 25 vessels, each with a capacity of 174,000 cubic meters, will be owned 100% by Nakilat and chartered out to affiliates of QatarEnergy. They are scheduled for construction at South Korean shipyards.This constitutes the first award in the second batch of long-term TCPs under QatarEnergy’s LNG fleet expansion project.
Qatari LNG Tankers Resume Course Via Red Sea
Four tankers used for shipments of Qatari liquefied natural gas (LNG) have resumed course after pausing for several days amid maritime attacks by Yemen's Iran-aligned Houthis in the Red Sea, LSEG shiptracking data showed on Tuesday.The Houthi attacks, in what they call a bid to support Palestinians in the war with Israel, have disrupted trade on the main East-West route that makes up about 12% of global shipping traffic.On Monday, the Houthi movement vowed to widen its targets in the Red Sea region to U.S. ships, following U.S.
QatarEnergy Stops Red Sea LNG Shipping Due to Attacks
QatarEnergy, the world's second largest exporter of liquefied natural gas, has stopped sending tankers via the Red Sea although production continues, a senior source with direct knowledge of the matter told Reuters on Monday.Yemen's Iran-backed Houthi group has since November been attacking vessels in the Red Sea, part of a route that accounts for about 12% of the world's shipping traffic, in what they say is an effort to support Palestinians in the war with Israel.At least four tankers used to carry Qatari LNG were held up over the weekend after U.S.
Nakilat Grows Fleet with Six New LNG and LPG Carriers
Qatar-based energy shipping company Nakilat has placed orders to with Hyundai Samho Heavy Industries (HSHI) of South Korea for the construction of six new LNG and LPG carriers.The order includes two LNG carriers with a cargo capacity of 174,000 cubic meters each and four very large LPG/ammonia gas carriers, with a substantial cargo capacity of 88,000 cubic meters.The vessels are set to be delivered between 2026 and 2027, Nakilat said.Upon delivery, Nakilat's LNG fleet will expand to 71 vessels…
First Crew Boat for Nakilat Svitzer Wijsmuller Launched
Al Yamama, the first of three new Incat Crowther 33 crew boats designed for Nakilat Svitzer Wijsmuller (NSW), has been officially launched in Singapore by shipbuilder Lita Ocean.NSW Al Yamama, with its homeport of Doha, will serve as wellhead maintenance vessels for QatarEnergy in the Middle East.Designed specifically for the transfer of special maintenance personnel and equipment, the three BV-classed vessels can transport 40 people at speeds of up to 24 knots. The vessel’s main deck features generously spaced passenger seating…
Middle East Ship Repair Yards Remain Center Stage
In the 45 years since the Arab Shipbuilding & Repair Yard (ASRY) opened on reclaimed land in Bahrain, the Middle East has become one of the world’s ship repair hotspots. A broad range of shipyards now service both regional and global markets.Regional yards have a ready market, with hundreds of offshore rigs working across the region together with the service ships that support them. Then there are thousands of tankers and gas carriers that arrive each year to load energy cargoes for far-flung destinations.
De Nora, N-KOM Ink BWMS Service Agreement Deal
De Nora Marine Technologies signed a formal service subcontracting agreement with Nakilat-Keppel Offshore & Marine (N-KOM), one of the largest shipyard and offshore repair facilities in the Middle East, located at Ras Laffan Industrial City, Qatar. The agreement will expand service convenience for De Nora Ballast Water Management Systems (BWMS) installed on vessels trading in the Gulf region.The subcontracting agreement is designed to provide strategic support to shipowners and operators by establishing an after-sales station…
De Nora Signs Service Deal with N-KOM
De Nora Marine Technologies, LLC, said it has entered a formal service subcontracting agreement with Nakilat-Keppel Offshore & Marine (N-KOM), one of the largest shipyard and offshore repair facilities in the Middle East, located at Ras Laffan Industrial City, Qatar.The deal will expand service convenience for De Nora Ballast Water Management Systems (BWMS) installed on vessels trading in the Gulf region.
ABS, N-KOM Testing Remote Survey Techniques for Shipyard Surveys
Maritime classification society American Bureau of Shipping (ABS) and Nakilat - Keppel Offshore & Marine Ltd. (N-KOM) have teamed up to examine how techniques developed by ABS for its program of remote survey of vessels in service can be applied to surveys and inspections in the shipyard.Remote inspection technologies will be applied to six Class surveys for this trial, to test how they can then be used to verify the required survey or inspection by ABS Surveyors to optimize scheduling and minimize downtime for both the shipyard…
Nakilat Takes Delivery of Another LNG Carrier
Nakilat took delivery of a newbuild LNG carrier, “Global Sealine”, which will be commercially and technically managed in-house by Nakilat Shipping Qatar Limited (NSQL). Built by Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea, this is the final LNG newbuild carrier to be delivered to Global Shipping Co. Ltd., a joint venture between Nakilat (60%) and Maran Ventures Inc. (Maran Ventures) (40%). Three of its sister vessels were delivered between 2020-2021 and are all under time charters. With a cargo carrying capacity of 174,000 cu.
Nakilat Taps ABS to Develop Decarbonization Plan
Qatari shipping company Nakilat, one of the world’s largest liquefied natural gas (LNG) shipping operators, said it has partnered with U.S.-based classification society ABS to develop its decarbonization strategy.Over the past months, Nakilat’s project team has worked with ABS sustainability specialists to map out decarbonization pathways for the company’s fleet of 69 LNG carriers and four very large liquefied petroleum gas (LPG) carriers. The project will ultimately see Nakilat’s vessels receive the ABS SUSTAIN notation…
Shipbuilding: DSME Delivers another LNG Carrier to Nakilat
Nakilat has taken delivery of a newbuild LNG carrier dubbed Global Sea Spirit, a ship to be commercially and technically managed in-house by Nakilat Shipping Qatar Limited (NSQL). Built by Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea, this is the third of four LNG newbuild carriers to be delivered to Global Shipping Co. Ltd., a joint venture between Nakilat (60%) and Maran Ventures Inc. (40%). The first two LNG carriers’ newbuilds (ME-GI type) were delivered in May 2020 and January 2021 respectively and are currently in service.With a cargo carrying capacity of 174,000 cu.
FSRU: Nakilat, Karpowership sign MoU
Nakilat and Karpowership signed a Memorandum of Understanding (MoU) to collaborate in the LNG-to-power market and jointly own and operate Floating Storage Regasification Units (FSRUs)."This fits very well with Nakilat’s long-term growth plan to expand and diversify our shipping portfolio and strengthens our position as a global leader in the energy transportation sector,” said Nakilat’s CEO Eng. Abdullah Al-Sulaiti.The MoU outlines an ambitious plan for the immediate future. Nakilat and Karpowership hope to set up a new joint venture and deliver the first FSRU by 2023.
DNV, Nakilat Team to Improve Vessel Software Quality
Nakilat, DNV, and a group of yards and system suppliers – ABB, Honeywell, Kongsberg and Wärtsilä + Hudong-Zhonghua – have teamed on a joint development project (JDP) to elevate software reliability and maintenance during operations. The JDP, which was initiated in 2020 by Nakilat, has resulted in the launch of a new DNV Recommended Practice (DNV-RP-0582), published in June 2021.“With one of the largest LNG shipping fleets in the world, we are intimately aware of the importance of Information Technology (IT) integrity in ensuring safe…
Wärtsilä Inks Services Deal with Nakilat
Wärtsilä said it has signed support agreements for liquefied natural gas (LNG) carriers owned by Qatar-based shipping company Nakilat.Wärtsilä is the supplier of the LNG reliquefaction systems onboard all of the QFlex vessels covered by the agreements, which were signed in April and are valid for five years. Under the contract terms, Wärtsilä will provide 24/7 technical remote support for the vessels’ onboard Gas Process Plants.Nakilat has direct access to Wärtsilä’s dedicated team of LNG technical experts for specialized technical advice and remote troubleshooting.
DSME Delivers Newbuild LNG Carrier to Nakilat
Qatar-based shipping company Nakilat said Monday it has taken delivery of a newbuild liquefied natural gas (LNG) carrier Global Star built by South Korea's Daewoo Shipbuilding & Marine Engineering (DSME).The 173,400 cubic meter capacity Global Star will be commercially and technically managed in-house by Nakilat. It is the second out of the four LNG carrier newbuilds to be delivered to Global Shipping Co. Ltd., a joint venture of Nakilat (60%) and Maran Ventures Inc. (Maran Ventures) (40%).The series' first newbuild, Global Energy, was delivered in May 2020.
Nakilat Takes Over Management of FSRU Exquisite
Qatar-based energy shipping company Nakilat said Monday it had assumed the technical ship management and operations of the Floating Storage and Regasification Unit (FSRU) Exquisite from Excelerate.The FSRU is jointly owned by Nakilat and Excelerate through a joint venture established in 2018. This is the first FSRU to be managed in-house by Nakilat, bringing the company's managed fleet to 27 vessels, comprising of 22 LNG, 4 LPG carriers, and 1 FSRU.The FSRU Exquisite has a cargo-carrying capacity of 150,900 cubic meters and a peak regasification rate of 690 million cubic feet per day.
Nakilat Takes Another LNG Carrier Into In-house Management
Qatari shipping company Nakilat said it has assumed full ship management and operations of Q-Max LNG carrier Al Samriya from Shell Trading and Shipping Company Limited with effect from 27 July, as part of the second phase of its planned fleet management transition program.With a cargo carrying capacity of 263,300 cubic meters, Al Samriya is wholly-owned by Nakilat and chartered by Qatargas. The vessel was built in South Korea by Daewoo Shipbuilding & Marine Engineering (DSME)…
Nakilat Transitions LNG Carrier to In-house Management
Qatari shipping company Nakilat said it has assumed full ship management and operations of Q-Flex liquefied natural gas (LNG) carrier Al Kharaitiyat from Shell Trading and Shipping Company Limited with effect from Wednesday, as part of the second phase of its planned fleet management transition program.With a cargo carrying capacity of 216,300 cubic meters, Al Kharaitiyat is wholly-owned by Nakilat and chartered by Qatargas. The vessel was built in South Korea by Hyundai Heavy Industries…
Nakilat Reports $76m Q1 Profit
Nakilat announced financial results for the first quarter ended March 31, 2020 with a net profit of $76 million compared to $64 million during the same period in 2019, with an increase of 18%.Despite the ongoing challenges of the global pandemic, Nakilat continued to uphold operational management of its LNG and Liquefied Petroleum Gas (LPG) vessels.Additionally, Nakilat group continued to strengthen its value proposition, with the ship repair, offshore fabrication, towage and…
LNG Carrier Delivered to Nakilat
Qatari shipping company Nakilat took delivery of a newbuild liquefied natural gas (LNG) carrier Global Energy. Built by South Korea's Daewoo Shipbuilding & Marine Engineering (DSME), the vessel will be managed in-house by Nakilat and is the first of four LNG carrier newbuilds to be delivered to Global Shipping Co. Ltd., a joint venture of Nakilat (60%) and Greece-based Maran Ventures Inc. (40%). The delivery of all four newbuilds by end-2021 will bring Nakilat’s fleet to 74 LNG carriers…