Nakilat boosts fleet to 74 vessels with new LNG delivery

Qatari LNG shipping giant Nakilat said it has taken delivery of a newbuild carrier, boosting its fleet to 74 vessels.

Built by South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), this is the fourth LNG newbuild carrier to join Nakliat’s joint venture Global Shipping,

Nakilat holds 60 percent and Greece’s Maran Ventures, led by Maria Angelicoussis, holds 40 percent in the JV.

The delivery of the 174,000-cbm vessel, Global Sealine, follows three sister vessels that were handed over between 2020-2021.

In addition, it is the second vessel with X-DF propulsion system to join the Nakilat fleet following the delivery of the 173,400-cbm Global Sea Spirit in October last year.

As the previous LNG carrier, this vessel would also serve a unit of US LNG player Cheniere, Nakilat said.

According to the statement, the delivery of the newbuild LNG carrier brings Nakilat fleet to 74 vessels, which is about 12 percent of the current global fleet based on carrying capacity.

This includes 69 LNG carriers, one FSRU, and four LPG carriers.

Nakilat Shipping Qatar (NSQL) will manage this newbuild LNG carrier. It currently manages and operates 25 LNG carriers, including the LPG carriers and the FSRU.

Most Popular

First Rio Grande LNG tank taking shape

US LNG developer NextDecade continues to make progress on the first phase of its Rio Grande LNG export plant in Texas, including the first 180,000-cbm storage tank.

Venture Global gets FERC OK to boost Plaquemines LNG capacity

US LNG exporter Venture Global LNG has received approval from the US FERC to boost the capacity of its Plaquemines LNG terminal in Louisiana to 27.2 mtpa.

US LNG exports reach 29 cargoes

US liquefied natural gas (LNG) plants shipped 29 cargoes during the week ending February 19. According to the Energy Information Administration, pipeline deliveries to the LNG terminals increased compared to the prior week.

More News Like This

Hanwha Ocean delivers 200th LNG carrier

South Korea's Hanwha Ocean has delivered its 200th liquefied natural gas (LNG) carrier.

Evergreen orders LNG-powered vessels in South Korea and China

Taiwan's shipping firm Evergreen Marine has ordered ultra-large LNG-powered containerships at two yards in South Korea and China.

Hapag-Lloyd to add more LNG-powered containerships to its fleet

Germany's Hapag-Lloyd is expected to add more LNG dual-fuel container vessels to its fleet with a new order at South Korea's Hanwha Ocean, according to shipbuilding sources and brokers.

Nakilat’s profit up 5.1 percent

The firm reported a net profit of about 1.64 billion riyals ($450.4 million) for the year ending December 2024. This...