- A state-run oil company’s shipping unit launched an international tender for eight gas tankers, with 13 more expected next year.
- The plan aims to renew the fleet, revive domestic shipbuilding, and increase gas transport capacity.
- The company will expand its fleet from six to 14 ships, tripling transport capacity to 108,000 cubic meters.
The shipping unit of a state-run oil company has issued an international tender for eight new gas tankers, with plans to launch 13 additional tenders by the end of next year. This move aligns with ongoing efforts to modernize the fleet and reinforce the country’s shipbuilding industry. The initiative supports the government’s priority to boost domestic shipyard activity and reduce reliance on foreign-built vessels, according to Marine Link.
Government and Industry Support
At an event in a key shipbuilding hub, the country’s president expressed strong support for the domestic industry, stating, “We can compete with the engineering of anywhere in the world.” The oil company’s chief executive also emphasized the goal of refurbishing older vessels in local shipyards instead of retiring them, ensuring continued employment opportunities.
Increasing Gas Transport Capacity
The expansion will significantly enhance gas transportation capabilities. Once delivered, the new vessels will triple the company’s liquefied petroleum gas (LPG) transport capacity and enable the shipment of ammonia. The company noted that this development accounts for increasing domestic gas production, aiming to improve energy logistics and supply security.
Long-Term Vision and Additional Contracts
Beyond the current tenders, the company plans to contract 44 more vessels by 2026, with additional projects expected by 2029. The broader fleet expansion plan includes 25 new ships, with 16 already incorporated into the strategic roadmap and four commissioned to local shipyards in a previous agreement.
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Source: Marine Link
