VOL. XLVII

No 03

19-January-2004

QATAR

First Of Four LNG Vessels For RasGas Launched In Korea

The first of four LNG carriers being constructed for RasGas by Samsung Heavy Industries in South Korea was launched on 7 January. The 138,000 cu ms capacity Fuwayrit will be owned by a consortiumcomprising Mitsui, Qatar Shipping Company (Q-Ship), NYK and K-Line, and will be on a 25-year time-charter with RasGas. The vessels first two shipments will be for the Korean Gas Company (Kogas). RasGas announced...