Qatar’s Nakilat has taken over management of its four VLGCs from Shell.
The company said the in-house deal expands its “critical role” in the country’s maritime sector – and its ultimate aim is to manage its own 54-strong LNG carrier fleet as well.
The LPG ships involved are the 82,452-cbm Al Wukir, Bu Sidra, Umm Laqhab (all built 2008) and Lubara (built 2009), all jointly owned by Nakilat and Milaha, the former Qatar Navigation.
Nakilat’s long-term goal is to transfer management and operations of all its wholly-owned vessels to its Nakilat Shipping Qatar subsidiary.
It has expanded its workforce, recruiting “personnel with capabilities and experience suited to supporting the company’s new role as a ship manager and operator.”
It wants to increase efficiency and operational excellence for customers and stakeholders, it added.
Boss Muhammad Ghannam said: “The transfer of ship management and operations responsibilities marks an historic moment for Nakilat.”
He thanked Shell for working towards this goal. It will have the oil major’s ongoing support until the LNG transition is made.