The Q-Max vessel Al Mayeda is the latest LNG carrier to be transitioned from technical management by Shell International Trading and Shipping Co to Qatar’s Nakilat
Nakilat’s inhouse ship management arm, Nakilat Shipping Qatar Limited, will handle the technical management of Al Mayeda. It is the first of seven vessels that will be transferred to the ship management care of Nakilat from Shell. Upon completion of the second phase vessel transition from Shell, NSQL’s managed fleet will comprise of 25 vessels; 21 LNG and four LPG carriers.
Nakilat currently manages a fleet of 18 LNG carriers and four LPG vessels. In 2017, Nakilat successfully transitioned 10 vessels to inhouse management. Nakilat reported its managed fleet was lost time incident (LTI) free in 2019.
“Despite the current challenges the world is facing as a result of the Covid-19 pandemic, Nakilat has followed through with its growth strategy and commenced the second phase of its fleet management transition,” said Nakilat chief executive Abdullah Fadhalah Al Sulaiti. “This will see us expanding our ship management capabilities and becoming a strong, fully fledged shipping and maritime company. The management of our vessels centrally from Qatar will allow Nakilat to capitalise on existing synergies with our main charterer, realise operational efficiencies and optimise costs,” said Mr Al Sulaiti.
Nakilat’s success in commencing the second phase of fleet management transition will contribute in laying a solid foundation for an integrated maritime industry in Qatar, in line with the Qatar National Vision 2030 for economic growth.
Mr Al Sulaiti added, “With a decade of experience managing LNG and LPG carriers, we are committed to upholding the highest standards of safety and quality to ensure the integrity of cargo from Qatar to the rest of the world, as evidenced from the LTI-free year achieved by the NSQL-managed fleet in 2019.”
Wholly owned by Nakilat and chartered by Qatargas, Al Mayeda is a Q-Max LNG carrier with a cargo carrying capacity of 266,000 m3. The vessel has completed 88 voyages since it was delivered in February 2009.
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