International Seaways cashes out of Nakilat LNG joint venture

New York-listed shipowner International Seaways has sold its 49.9% stake in its joint venture with Qatar Gas Transport Company (Nakilat) for $123m in cash. The joint venture, which is now 100% owned by Nakilat, owns Q-Flex LNG carriers Al Gattara, Al Gharrafa, Al Hamla and Tembek. The four vessels...

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