DNV GL, Qatar's N-KOM to Promote LNG as Fuel

DNV GL and Qatar's shipyard Nakilat-Keppel Offshore & Marine (N-KOM) on Thursday signed a memorandum of understanding (MOU) to promote LNG as fuel within the maritime and offshore industry.

N-KOM will capitalize on DNV GL’s deep competence and long-standing experience in LNG, working with shipyards, ship owners and other key stakeholders on a global basis to develop synergies related to the promotion of LNG as fuel within the maritime and offshore industry, DNV said.

“Qatar is the single largest producer and exporter of liquefied natural gas in the world and has become a leading cluster for gas related activities. Therefore, we look forward to establishing a valuable partnership with N-KOM which further cements our strong market position on LNG as fuel in this region and benefits the environment by making the shipping industry greener,” said Henrik Madsen, DNV GL’s Group President and Chief Executive Officer. 

As part of the agreement DNV GL and N-KOM will cooperate, amongst others, on the development and newbuilding of bunker barges, of coolant barges for temporary gas storage as well as to promote the use of LNG as fuel in the offshore sector. Moreover, a training program is to be conducted in the N-KOM facility on LNG carrier or LNG-fuelled vessel repairs. Finally, both partners will offer project management support for conversion projects to third party yards.