Qatar-based LNG shipping company Nakilat and Greek shipping company Maran Ventures Inc. have expanded their joint venture partnership with two additional LNG vessels.
The new agreement increases the number of vessels jointly-owned by Nakilat and Maran Gas from 13 to 15 vessels.
The two newly added vessels, Woodside Rogers and Woodside Goode, featuring 159,800 cbm each, were built by Daewoo Shipbuilding & Marine Engineering Co (DSME) in 2013.
In addition, the two vessels are under a long-term charter and equipped with Dual Fuel Diesel-Electric (DFDE) propulsion models, Nakilat said.
“We are delighted at this opportunity to further strengthen our long-term strategic relationship. We look forward to working closely together in the future, continuing to strive to provide a first-class service to all our LNG customers,” Chairman of Maran Gas, John Angelicoussis said.
Maran Nakilat Co. Ltd. was first established in 2005 with four jointly-owned LNG vessels, and was further expanded on several occasions.
“Strategic alliance with renowned partners has been fundamental to our success, and we are always looking for opportunities to grow our international presence. Nakilat now has an ownership interest in 69 vessels, affirming our global leadership in energy transportation with the world’s largest LNG fleet,” Nakilat’s Chief Executive Officer Eng. Abdullah Al Sulaiti said.