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First phase of LNG carrier transition programme complete

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Hydrocarbon Engineering,

Nakilat Shipping Qatar Ltd (NSQL), a wholly owned subsidiary of Nakilat and Shell International Trading and Shipping Co. Ltd (Shell), has announced that it has completed the first phase of what will be the world’s largest management transition of LNG carriers.

The Al Mafyar Q-Max LNG carrier was the 10th vessel to transition from Shell to NSQL management in 10 months.

This latest vessel transition brings the fleet size managed by NSQL to 18 vessels, comprising of 14 LNG and 4 LPG carriers.

Nakilat Managing Director, Abdullah Fadhalah Al Sulaiti, said: “Nakilat is proud of this milestone achievement that has been accomplished today with our long-standing strategic partner Shell. The rapid expansion of our ship management activities within a short time-span has not only contributed towards the growth of the company, but is also an indication of our commitment to be a global leader and provider of choice for energy transportation and maritime services, in line with Qatar’s National Vision 2030.”

Dr Grahaeme Henderson, Vice President of Shell Shipping & Maritime, added: “Close collaboration has enabled Shell and Nakilat to complete this complex first management transition phase safely and within a short-timeframe. We are proud to continue to partner with Nakilat to support Qatar’s vision of building a world-class shipping business.”

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