Australia Breaks Defense Export Records With Naval Newbuilds
By Jason Scott (Bloomberg) Australian Prime Minister Malcolm Turnbull said his nation is aiming to break into the Top 10 of global defense exporters and is creating a A$3.8 billion...
The latest news from South Korea:
Today Her Highness Sheikha Mozah Bint Nasser Al-Missned named the first Q-Max (266,000 CBM) LNG Carrier, “MOZAH”, the world’s largest LNG vessel built to date. The special ceremony was held at Samsung Heavy Industries shipyard on Geoje Island.
Muhammad Ghannam, Nakilat Managing Director, said; “The naming of the LNG carrier “MOZAH” is a very special and key milestone for Nakilat as we are celebrating the very first of our 14 Q-Max ships. “MOZAH” is also the first of twenty-five wholly-owned LNG carriers in our fleet of 54 vessels which are being built in the Korean shipyards to serve Qatar’s massive LNG expansion projects.”
“MOZAH” will be used to ship LNG produced by Qatar Liquefied Gas Company Limited (II), known as Qatargas 2, to customers in Europe.
The Q-Flex and the even larger Q-Max are a new generation of LNG mega-ships. The Q-Max has 80 percent more capacity than conventional LNG carriers with about 40 percent lower energy requirement due to the economies of scale created by their size and the efficiency of the engines. Q-Max LNG carriers are unique and purpose built for Nakilat, the sole owner of the vessels. “MOZAH” will be on a long-term charter to Qatargas.
Click HERE for a virtual tour of the shipyard which built her.
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