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Driving Papua New Guinea's LNG Shipping Ambitions
Our Mission
300 Metre LNG Vessel constructed for the Queensland Curtis LNG Project
​​To position Papua New Guinea as a key player in LNG shipping by securing financing, building state-of-the-art LNG carriers, and ensuring world-class fleet management.
To establish PNG's second maritime college funded by global LNG tanker fleet management companies and provide employment opportunities to PNG citizens in global shipping companies.
Mission
Our Story
NLNGC was appointed by the PNG Government to secure funding and acquire LNG carriers and provide fleet management, ensuring national participation in the country’s growing LNG export industry. NLNGC’s appointment was done pursuant to PNG LNG Shipping Policy and National Executive Council's directions.
NLNGC Managing Director, Mr. Karl Yalo (middle), standing inside the Queensland Curtis LNG tanker gas compartment with CSSC executives
Key Milestones
NLNGC Managing Director, Mr. Karl Yalo (right), with Mr. ZHAO Kuo, Global Deputy Head of Shipping, Industrial & Commercial Bank of China Leasing Co., Ltd, signing the Agreement with NLNGC's Mr. Yalo, Sydney, Australia December, 2018
NLNGC Managing Director, Mr. Karl Yalo (left), with Mr. Darren Young, Managing Director of Kumul Consolidated Holdings Ltd, witnessing the signing of the Agreement between Industrial & Commercial Bank of China Leasing Co., Ltd and NLNGC, Sydney, Australia December 2018
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​Strategic Partnership with ICBC Leasing – Secured vessel financing for future LNG carriers.
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Shipbuilding Agreement with China State Shipbuilding Corporation (CSSC) and Hudong-Zhonghua Shipyard, Shanghai – Construction of modern, eco-friendly LNG tankers similar to Papua and Kumul.
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Planned Fleet Expansion – Targeting involvement in Papua LNG & P’nyang LNG shipping operations.
Our Partners
NLNGC Managing Director, Mr. Karl Yalo (left), meeting with China Development Bank (left) and China State Ship Building Corporation (right) in Shanghai, China
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