West African producer Nigeria LNG (NLNG) has formally kicked off the fleet renewal process for its shipping arm Bonny Gas Transport (BGT) with the naming of a Capital Gas newbuilding it is taking on bareboat charter.

In a ceremony at Hyundai Samho Heavy Industries in South Korea, NLNG managing director and chief executive Philip Mshelbila, who is also BGT executive vice president, said the charter of the 174,000-cbm newbuilding Aktoras, is “a transformative stride towards decarbonisation and a sustainable future”.