QatarEnergy Unveils Four New LNG Vessels in Republic of Korea.

QATAR: QatarEnergy inaugurated four new conventional-size LNG vessels built in the Samsung Heavy Industries Shipyard and the Hanwha Ocean Shipyard in the Republic of Korea as part of QatarEnergy's historic fleet expansion program. The four new vessels, "Id'asah," "Nuaijah," "Umm Swayyah," and "Lebrethah," are part of 128 total vessels ordered from Korean and Chinese shipyards as part of the largest shipbuilding program in the history of the LNG shipping industry. According to Qatar News Agency, the naming of the vessels took place in two separate ceremonies in the city of Geoje. The first ceremony was held at the Samsung Heavy Industries Shipyard for the "Id'asah," which is the first vessel to be delivered by Samsung. The second naming ceremony took place at the Hanwha Ocean Shipyard, where the first three new LNG vessels to be delivered by Hanwha Ocean were named "Nuaijah," "Umm Swayyah," and "Lebrethah." These vessels will soon join QatarEnergy's expanding LNG fleet. In remarks at the ceremony, HE Ministe r of State for Energy Affairs, the President and CEO of QatarEnergy Eng. Saad bin Sherida Al Kaabi, highlighted the growth of QatarEnergy's strategic partnership with Samsung Heavy Industries and JP Morgan Asset Management's Global Transportation Group. He stated that the event marks a milestone in their journey and is a celebration of the partnership and joint commitment to deliver cleaner energy worldwide. His Excellency emphasized the historic significance of these vessels as they prepare to set sail globally, providing a cleaner and more economic source of energy. They are equipped with advanced technologies to achieve optimal fuel efficiency and reduce emissions.