Friday, Jul 03, 2015

Dubai

The Qatar Shipping Company has acquired the remaining 60 per cent interest in each of the two entities that own the liquefied natural gas (LNG) carriers, ‘Milaha Ras Laffan’ and ‘Milaha Qatar’ from Société Générale.

The vessels are chartered to RasGas under a 25-year fixed time charter agreement. Milaha Ras Laffan and Milaha Qatar have approximately 14 years and 16 years remaining, respectively, under the agreement. Both vessels were built by Samsung Heavy Industries.

Staff Report

Manoj Nair

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