“Nakilat” Expands Joint Venture Partnership With Greek “Maran Ventures”.
March 5, 2018
“Nakilat” announced that it has expanded its
joint venture partnership “Maran Nakilat” with Greek shipping
company “Maran Ventures” to include two additional Liquid
Natural Gas vessels.
Maran Nakilat Co. Ltd. was first established
in 2005 with a fleet of four jointly-owned LNG vessels, and was
further expanded on several occasions. This new agreement
increases the number of vessels jointly-owned by Nakilat and
Maran from 13 to 15 vessels. The two newly added vessels,
“Woodside Rogers” and “Woodside Goode”, are equipped with modern
technology and built in South Korea by Daewoo Shipbuilding &
Marine Engineering Co (DSME). In addition, the two vessels are
under long-term charter, and equipped with Dual Fuel
Diesel-Electric (DFDE) propulsion models with a capacity of
159,800 cubic meters each.
Nakilat’s Chief Executive Officer Eng.
Abdullah Al Sulaiti said, “We are extremely pleased that our
strategic partnership is strengthened with this world renowned
partner and continues to flourish since the first agreement
signed in 2005. This present agreement grows Nakilat’s fleet to
69 vessels, affirming our global leadership in energy
transportation with the world’s largest LNG fleet. The company’s
growth is a testament of our robust financial performance and
strategic planning which has allowed us to further increase our
fleet size and strengthen our international portfolio. This
expansion comes as part of our efforts to maximize returns for
our shareholders and support Qatar’s industry leading position
as the world’s top LNG exporter.”
Chairman of Maran Gas, Mr John Angelicoussis
said, “We are immensely proud of our partnership with Nakilat,
one of the global leaders in clean energy transportation. We
look forward to working closely together in the future,
continuing to strive to provide a first-class service to all our
customers around the world.”
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