Shell, Nakilat Complete 1st Phase of LNG Carrier Management Transition

Qatari Nakilat and Shell have completed the first phase of a management transition of LNG carriers, Nakilat said August 20.

The Q-Max LNG carrier Al Mafyar was the 10th vessel to transition management from Shell to Nakilat Shipping Qatar (NSQL), a Nakilat subsidiary, in 10 months, bringing about the completion of the first phase. This latest vessel transition brings the fleet size managed by NSQL to 18 vessels, comprising of 14 LNG carriers and four LPG carriers.

Shell has provided a range of shipping services to Nakilat’s LNG fleet since it was established in 2006. These included the ship management of 14 Q-Max and 11 Q-Flex LNG carriers and the sharing of shipping expertise to support the development of Qatar’s LNG shipping capability.

Shell will continue to manage 15 LNG vessels on behalf of Nakilat pending further transition phases.

Shardul Sharma