AsiaVessels

Nakilat welcomes another LNG newbuild in its fleet

By Mirza Duran
Nakilat welcomes another LNG newbuild in its fleet
Image: Nakilat

Qatar’s Nakilat has taken delivery of the second out of four LNG newbuilds from South Korea’s Daewoo Shipbuilding & Marine Engineering.

DSME delivered the 173,400 cbm Global Star to Nakilat’s joint venture Global Shipping.

LNG shipping giant Nakilat owns 60% percent share in the venture while Greece’s Maran Ventures holds the rest.

Additionally, Nakilat manages the vessel commercially and technically.

Nakilat did not reveal the charterer of the vessel but LNG Prime understands it could be the Hague-based energy giant Shell.

This newbuilding follows the delivery of Global Energy in May last year. This vessel ships LNG for US exporter Cheniere under a charter deal.

Both Global Energy and Global Star feature ME-GI engines while the other two newbuilds have X-DF propulsion technologies. DSME should deliver these two carriers by the end of 2021.

Furthermore, the delivery of all four newbuild LNG carriers will bring Nakilat’s fleet to 74 vessels. According to Nakilat, this is just under 12% of current global LNG fleet in carrying capacity.

Most Popular

Contracts and Tenders

Technip Energies wins contract for Eni’s Coral Norte FLNG

France-based LNG engineering giant Technip Energies has won a contract for preliminary work on Eni's second FLNG project in Mozambique, Coral Norte (Coral North).
LNG as Fuel

Victrol: LNG London hits bunkering milestone

The Shell-chartered inland bunkering vessel LNG London, owned by a joint venture of Belgium's Victrol and France's Sogestran, has reached a new operational milestone.
LNG as Fuel

Himalaya’s LNG-fueled bulkers earned $34,500 per day in June

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $34,500 per day in June.

More News Like This

LNG as Fuel

Hanwha Ocean to buld Korean LNG-powered icebreaker

South Korean shipbuilder Hanwha Ocean has secured a contract to build one LNG dual-fuel research icebreaker.
Vessels

HD Hyundai Heavy starts building Nakilat’s LNG carrier

South Korean shipbuilder HD Hyundai Heavy Industries has officially started building Nakilat’s first of 17 LNG carriers as part of an order placed last year.
Corporate

Nakilat’s Q1 profit up 3.2 percent

Qatari LNG shipping giant Nakilat said its net profit increased 3.2 percent in the first quarter compared to last year.
Vessels

Hanwha Ocean expects LNG newbuild market to recover in second half

South Korean shipbuilder Hanwha Ocean expects the LNG newbuilding market to recover in the second half of this year due to new US LNG export projects.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA