Nakilat has announced a new round of investment in LNG carriers and LPG carriers, with two 174,000-m3 LNG carriers and four 88,000-m3 very large gas and ammonia carriers contracted with Hyundai Samho Heavy Industries (HSHI) in South Korea for delivery between 2026 and 2027
The new LNG carriers and LPG carriers will employ the latest technologies, showcasing advanced environmentally friendly and efficient propulsion systems through fuel-saving devices, reinforcing Nakilat’s commitment to sustainable and eco-conscious shipping solutions.
Nakilat chief executive Abdullah Al Sulaiti commented on the announcement, "Our investment in these advanced vessels reflects our ongoing commitment to delivering exceptional service and environmental stewardship. We strive to meet the increasing demand for safe, reliable, eco-friendly gas transport, contributing to a more sustainable future."
HD Hyundai Heavy Industries president and chief operating officer S Y Park said, "This opportunity will strengthen the ongoing partnership between our two companies for the benefit of our two countries. We affirm our full commitment to contribute the latest technologies and expertise to ensure safer and more efficient transport. We are proud of our decades-long relationship with Nakilat and look forward to establishing a closer business link that will enable both parties to take the initiative in leading the gas sector.”
Upon delivery, Nakilat’s LNG fleet will expand to 71 vessels, and the LPG fleet will grow to eight vessels with the addition of the four new vessels.
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