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Al Ruwais News

16 Aug 2019

Seven Vessels Added to CTM's RSA

C Transport Maritime (CTM), the vessel management company in the dry cargo ocean transport industry, announced that four of its current members have added seven more vessels to the Supramax Revenue Sharing Agreement (RSA) in July and August 2019.According to the Monaco-based provider of ship management service, Chandris (Hellas) added the M/V Serene Juniper (57,185 dwt, 2011 built at STX Dalian).D’Amico Group added the M/V Medi Hakata (58,078 dwt, 2014 built at Shin Kurushima) , M/V Medi Manila (57,903 dwt, 2014 built at Tsuneishi Zhoushan), M/V Medi Yokohama (57,905 dwt, 2014 built at Tshuneishi Zhoushan) and the M/V Medi Segesta (58…

19 Feb 2015

Europe Set for LNG Supply Surge

Europe is luring twice as many liquefied natural gas (LNG) tankers as last year and more are expected in what is now the premium-priced market after a year-long demand slump in Asia. In just a week, seven new LNG tankers embarked for Belgian, British and Dutch ports and six more may arrive in the next month, attracted by the widest and most consistent premium to Asian prices in at least five years, price data on Reuters Eikon shows. The shift signals an end to Asia's huge LNG price premium to Europe's benchmark UK gas hub, raising hopes that supply will over coming years be more evenly spread between the basins, traders said. "We see NBP (UK natural gas prices) plus transportation returning as a price benchmark to Asia…

21 Feb 2011

Qatargas, Shell Send Qatargas Cargo to India

Qatargas and Shell announced that the first cargo of liquefied natural gas (LNG) from the Qatargas 4 Project (70% Petroleum, and 30% Shell) has loaded. The cargo is en route to Hazira receiving terminal in . Qatargas, the company who pioneered the LNG Industry in , now has a production capacity of 42 mtpa of LNG, from its seven trains. This makes it the world’s largest LNG producer. Commenting on this achievement, His Excellency Dr Mohammed Saleh Al Sada, Minister of Energy & Industry for the State of Qatar & Chairman of the Board of Qatargas said: “Qatargas adds to the energy diversity of Asia, Europe and . The company continues to demonstrate its commitment to assisting in the diversification and the long-term mix of the world’s energy supplies.

05 Nov 2007

Qatargas Gains Two New LNG Vessels

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]

17 Oct 2007

MAN B&W Marks LNG Milestone

Three of the world’s largest LNG-carriers successfully tested their propulsion packages at the end of last month. Each vessel is powered by two 6S70ME-C electronically controlled, two-stroke, lowspeed diesel engines, and this event marks a first for MAN Diesel in the LNG sector. The engines will operate on HFO. The vessels are part of a Qatargas project that comprises an impressive 45 vessels, each fitted with two MAN B&W low-speed prime movers, making for a grand total of 90 electronically controlled two-stroke engines. Of these, 31 QFlex carriers will receive two MAN B&W 6S70ME-C engines, each developing 18,660 kW, while the 14 larger QMax carriers will employ two MAN B&W 7S70ME-C engines, each rated at 21,770 kW at 91 rpm.

10 Sep 2007

Qatargas Names its Q-flex Ships

Qatargas has named the first two Q-Flex LNG vessels - Al Ruwais and Al Safliya - at a ceremony held at Daewoo Shipbuilding & Marine Engineering Ltd. (DSME) ship building yard in Geoje Island. The ceremony which was presided over by His Excellency Abdullah Bin Hamad Al-Attiyah, Deputy Prime Minister and the Minister of Energy and Industry and Mr. Neil Duffin, President of ExxonMobil Development Co. officially named the two ships which are the first of 45 large LNG ships to be delivered for Qatar. The Al Ruwais and Al Safliya will be used to ship LNG produced in Qatargas 2, Train 4 to customers in Europe. They are the first of 14 ships that are being built in Korea to service Qatargas Trains 4 and 5.