Nakilat has actually taken shipment of a newbuild LNG provider, “Global Star”, which will certainly be readily and also practically handled internal byNakilat Built by Daewoo Shipbuilding & & Marine Engineering (DSME), this is the 2nd out of the 4 LNG provider newbuilds to be provided toGlobal Shipping Co Ltd., a joint endeavor of Nakilat (60%) and alsoMaran Ventures Inc (Maran Ventures) (40%).

Image Credits: nakilat.com

The initial newbuild “Global Energy” was securely provided in May 2020. The shipment of all 4 newbuild LNG service providers will certainly bring Nakilat’s fleet to 74 vessels, which is simply under 12% of the present worldwide LNG fleet based upon bring ability.

Nakilat’sChief Executive Officer Eng Abdullah Al Sulaiti stated, “Nakilat welcomes a new addition into our world’s largest LNG fleet, a technologically-advanced newbuild that allows us to provide additional capacity and flexibility to our customers and gives us a greater competitive edge in this dynamic marketplace. Technically operated and commercially managed in-house, this significant milestone bears testament to the company’s superior ship management capabilities and further affirms our global leadership position in energy transportation. Nakilat has been demonstrating remarkable accomplishments with the completion of fleet management transition for seven LNG carriers and delivery of one newbuilds within a year, tactfully executing its strategic long-term growth as part of the efforts to optimize costs hence maximize returns for our shareholders.”

Al Sulaiti included: “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 cubic meters, equipped with some of the most advanced and environmentally sound technology with in the market today, with two of them being equipped with ME-GI while the other two with X-DF propulsion technologies. These vessels also feature an optimized hull design and employ other advanced technologies which help to strengthen Nakilat’s position as the leading transporter of clean energy.”

Reference: nakilat.com