Qatar’s Nakilat has taken delivery of the LNG carrier Global Energy from South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) for its joint venture with Maran Ventures Inc
Managed by Nakilat, Global Energy is the first of four LNG carrier newbuilds for Global Shipping Co Ltd, a joint venture owned 60% by Nakilat and 40% by Maran Ventures Inc. All four newbuild LNG carriers will join Global Shipping by the end of 2021, bringing Nakilat’s fleet to 74 vessels – about 12% of global LNG fleet in carrying capacity.
Nakilat chief executive Abdullah Al Sulaiti said, “We are committed to growing our fleet in a sustainable manner to meet the rising demand for clean energy transport globally. Adding this technologically advanced newbuild to our fleet not only gives us a competitive edge, but also allows us to provide additional capacity and flexibility to our customers, which is important in a dynamic marketplace.” Added Mr Al Sulaiti, “The steady expansion of our fleet through the acquisition of these four newbuilds and the second phase fleet transition that has already commenced, comes as part of our efforts to maximise returns for our shareholders and strengthen our position as the leading transporter of clean energy.”
Maran Ventures chairman John Angelicoussis said “Nakilat has been a strategic partner for many years and we are pleased to be taking delivery of this first LNG vessel under our new Global Shipping joint venture. We are confident these high specification vessels built by DSME and now managed technically and commercially by Nakilat, will provide charterers with a first-class LNG shipping service.”
Mr Al-Sulaiti added “We have seen a shift in terms of management and vessel technology in the industry, which we have taken into consideration. Constructed in South Korea, the four modern vessels each have a cargo carrying capacity of 173,400 m3, equipped with some of the most advanced technology in the market today, with two of them equipped with ME-GI and the other two with X-DF propulsion technologies. These vessels also feature modern structural design and employ other advanced technologies.”
The Angelicoussis Group is a privately held group of shipping companies with a fleet of over 150 vessels in operation and under construction. Maran Ventures is the LNG shipowning arm of the Angelicoussis Group that employs Maran Gas Maritime to operate its fleet of 33 LNG carriers and supervise the construction of an additional 12 LNG carriers, including one floating storage and regasification unit, at DSME.
Riviera will host a week of free to attend 45-minute webinars focused on gas carrier tankers and terminals commencing 15 June. Register your interest now