QC Maritime Gas

QC Maritime Gas is our investment arm dedicated to investments within LNG. As of November 30, 2023 QC Maritime Gas held a 90.2% stake in QCML TANKS Jurong Port Singapore. We actively managed the portfolio by monetising our investment to the tune of $11.5 million.
This strategic move generated a $2.3 million gain on sale, which has been transferred from the fair-value reserve to retained earnings.

QC Maritime Limited: the leading provider of small-scale LNG

In 2017, QC Maritime formed QC Maritime Limited LNG, of which we own 76%, to provide clean, affordable and reliable LNG to markets and end-customers lacking access to natural gas pipelines.
In 2023, QC Maritime Limited LNG solidified its position as a pioneer in the small-scale LNG space. Its fleet of five modern, small-scale LNG tankers is equipped with bunkering capabilities, making it an innovative player in an evolving market.

QC Maritime Limited currently has one ship providing strategic bunkering operations in the Baltics and supplying the HIGAS terminal in Sardinia, Italy. The remaining four tankers are secured under long-term contracts, providing stable revenue and cash flows.

Looking ahead, QC Maritime Limited remains committed to its strategy to deliver clean, reliable energy to underserved markets, building on its reputation in both bunkering and supply.

QC Maritime Ventures

QC Maritime Ventures is QC Maritime’s investment vehicle focused on identifying and investing in sustainable technologies with the potential to contribute to productivity and sustainability improvements within our core operations.

As the energy transition gathers pace, we seek to be an active investor in new technologies that will boost our efficiency while reducing our environmental impact.