Nakilat and Maran Gas expand joint venture to 15 vessels

Nakilat and Maran Gas expand joint venture to 15 vessels

Maran Nakilat, the joint venture established between Qatar’s Nakilat and Greek owner Maran Gas, has expanded from 13 to 15 vessels. 

The two vessels added to the joint venture are the 2013-built Woodside Rogers and Woodside Goode, both under long-term charter to Australia’s Woodside Petroleum.

Eng. Abdullah Al Sulaiti, CEO of Nakilat, commented: “Nakilat is extremely pleased that our strong partnership with Maran Gas continues to flourish since the first agreement signed in 2005. Strategic alliance with renowned partners has been fundamental to our success, and we are always looking for opportunities to grow our international presence. Nakilat now has ownership interest in 69 vessels, affirming our global leadership in energy transportation with the world’s largest LNG fleet. The company’s growth is a testament of our robust financial performance and strategic planning which has allowed us to further increase our fleet size and strengthen our international portfolio. This expansion comes as part of our efforts to maximize returns for our shareholders and support Qatar’s industry leading position as the world’s top LNG exporter.”

John Angelicoussis, chairman of Maran Gas, added: “We are immensely proud of our partnership with Nakilat, one of the global leaders in energy transportation. We are delighted at this opportunity to further strengthen our long-term strategic relationship. We look forward to working closely together in the future, continuing to strive to provide a first-class service to all our LNG customers.”

Maran Nakilat was established in 2005 with four jointly-owned vessels and has been expanded four times since, the last in August 2015.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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