LNG

Qatar Gas Transport Company, known as Nakilat and a global leader in liquefied natural gas shipping, is expanding its fleet to 80 ships through 2027 with orders just placed with a  South Korean shipyard for six new gas carriers.

Nakilat, one of the world’s largest LNG shipping operators, has partnered with the American Bureau of Shipping, the US classification society, to develop a decarbonization strategy.

International Seaways, a leading US tanker company providing vessels mostly for the crude oil and petroleum products markets, has ended its LNG presence by selling its stake in four Q-Flex LNG carriers held in a joint venture with Qatar Gas Transport Co.