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Qatar Shipping buys Maersk stake in two LNG carriers

Wednesday, 08 February 2012 | 16:30
Milaha, formerly Qatar Navigation, has said its wholly-owned subsidiary, Qatar Shipping will acquire additional stakes from Maersk in two LNG carriers, Gulf Times has reported. Qatar Shipping has agreed to buy Maersk LNG's 15% stake out of their total holding of 26% in two LNG Carriers, Maersk Ras Laffan and Maersk Qatar, raising its stake in these two carriers to 40%. Qatar Shipping will manage the two vessels, which are on long term charter to RasGas for the next 19 years. Germany's Pronav will be the technical operator, Milaha said.
Source: AME Info
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