The Gulf’s Top-10 Ship Owners

Of the top GCC companies ordering vessels last year, Qatar Gas Transport Co. were the biggest spenders in the newbuilding sector, ordering 30 vessels, amounting to an impressive USD 7.2 bn. The bulk of this order consisted ofLarge LNG vessels of 174,000 CBM, which accounted for c.57%, followed by QMAX LNG of 271,000 CBM with a share of c.30%. Finally, VLGC LPG orders of 88,000 CBM accounted for c.13%.