No 03



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...