Nakilat Takes Over QFlex Management

Qatari LNG shipping giant Nakilat has taken over the full ship management and operations of its first LNG vessel, the Q-Flex Al Hamla, from OSG Ship Management.

The planned takeover is the first in a series that will include three other vessels within the next two months, Nakilat said in a statement

With a cargo capacity of 216,000 cubic metres, Al Hamla is owned 50.1 percent by Nakilat and 49.9 percent by OSG.

The vessel was built in South Korea by Samsung Heavy Industries and was delivered in February 2008.

Al Hamla is in active service for charterer Qatargas II and has completed delivery of 45 cargoes worldwide, the statement said.

“Nakilat intends to continue with its objective of taking over ship management responsibilities of more LNG vessels as part of its long term strategic vision, plan and growth,” the company said.