GasMiddle EastShipyards

Nakilat eyes new acquisitions

Photo of Sam Chambers Sam ChambersFebruary 22, 2016
4 Less than a minute

Nakilat, the state-run Qatari LNG transport vehicle, has said it will “exploit future opportunities to acquire new business opportunities”, serving the international marine sector. The company made the announcement over the weekend while releasing its 2015 annual results, which saw net profits grow 10%.

The company also said one of its goals for this year was to increase utilisation rates at its Erhama Bin Jaber Al Jalahma Shipyard.

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Photo of Sam Chambers Sam ChambersFebruary 22, 2016
4 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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