Our wholly-owned LNG vessels carriers are operated via a strategic alliance with Shell International Trading and Shipping Company Ltd. (STASCO), a leading international vessel operator with extensive experience in operating LNG vessels. In line with its long-term vision, Nakilat took steps during 2011 to build a platform under which a measured transition to operate our LPG vessels could be realized in the near future.
Since its inception, Nakilat has increased certain aspects of ship management from an over-sight and monitoring role. Throughout 2011 Nakilat continued work on the transition planning of its LPG ship management that in the future would allow for the careful and systematic transfer of operations from STASCO to Nakilat. As part of this effort, additional staff was acquired having the requisite skills and experience in technical ship management, marine personnel, and procurement. Coincidental with this recruitment effort, Nakilat’s IT department developed support capabilities for all the related software required by Fleet personnel as they prepare to assume responsibility for full ship management and operations.
Nakilat’s wholly-owned subsidiary, Nakilat Shipping Qatar Ltd (NSQL), assumed full responsibility for the management and operations of Nakilat’s four LPG vessels in 2012.