Nakilat, Shell start 2nd phase of LNG fleet transition

Qatari LNG shipping giant Nakilat said on Thursday it started the second phase of its fleet management transition from Shell’s trading and shipping unit.

Q-Max Al Mayeda is the first of seven LNG vessels that will transition to Nakilat’s management as part of a phased changeover deal.

To remind, the two companies completed the first phase of the management switchover back in 2017 transitioning ten LNG carriers.

Nakilat’s ship management arm, Nakilat Shipping Qatar will take over the technical management of ‘Al Mayeda’

NSQL’s managed fleet size will rise to 25 vessels by the end of the year after the transition phase completes.

Four of these vessels are liquefied petroleum gas (LPG) carriers.

The 266,000 cubic metres Al Mayeda serves under a long-term charter with LNG producing giant Qatargas.

The vessel has completed 88 voyages, covering almost 1.11 million nautical miles since its delivery in February 2009.

- Advertisements -

Most Popular

US to increase LNG supplies to UK under new deal

The US will boost supplies of liquefied natural gas (LNG) to UK terminals under a new deal revealed on...

Adani, TotalEnergies nearing completion of Dhamra LNG terminal in India

India's Adani and France's TotalEnergies have almost completed their Dhamra LNG import facility located in Odisha, on India’s east...

Austria, Germany’s Bavaria interested to receive gas from Croatia’s Krk LNG terminal

Austria and the German state of Bavaria have shown interest to receive natural gas supplies in the future from...

More News Like This

Trinidad, Shell, BP move forward with Atlantic LNG restructuring plans

Trinidad and Tobago has signed a restructuring deal with the shareholders of LNG producer Atlantic LNG, including Shell and...

Shell, Alfa Laval to develop GCU for hydrogen carriers

A unit of LNG giant Shell and Sweden's tech firm Alfa Laval are joining forces to develop a new...

N-KOM, Gabadi ink LNG tank repair pact

Qatar-based shipyard N-KOM, a joint venture of LNG shipping giant Nakilat and Singapore’s Keppel Offshore & Marine, is teaming...

Shell to purchase Danish biogas producer Nature Energy for about $2 billion

LNG giant Shell said it would buy 100 percent shareholding of Denmark-based biogas producer Nature Energy Biogas for nearly...