Qatari shipowner Nakilat is looking to diversify after its bigger gas carrier fleet delivered better nine-month profit.

Net earnings rose to QAR 659m ($181m) to 30 September, against QAR 607m in the same period last year.

The company now controls 70 ships, plus 25 tugs, and put the improvement down to its successful expansion and cost optimisation.

It added two jointly-owned LNGCs in the period, plus a stake in an FSRU through its joint venture with Excelerate

CEO Abdullah Fadhalah Al-Sulaiti said: “Nakilat’s improved financial performance bears testament to the company’s ongoing emphasis on...