Chubu Electric Bags Order For 4 LNGs Via NYK And MOL

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NYK lines (Yusen Kabushiki Kaisha) and MOL (Mitsui O.S.K Lines) both Japan-based companies placed an order with Chubu Electric Power for two LNG vessels each.  They have also concluded finalizing the deal for long-term charger plans through joint-venture companies that each of them are established with Chubu Electric Power.

The JV company established between MOL and Chubu was to ready two LNG carrier vessels.  First, an 180,000 cbm Sayaringo STaGE carrier would be built by Imabari Shipbuilding as well as Mitsubishi Heavy Industries. Second, a 177,000 cbm vessel is to be built by Kawasaki Heavy Industries.  Both these ships are scheduled for delivery by 2018.

The JV company established between NYK Lines and Chubu on a 50-50 partnership basis were named the “Trans-Pacific Shipping 6 Limited” and ”Trans-Pacific Shipping 7 Limited” and each concluded shipbuilding contracts entered with MI LNG and Kawasaki Heavy Industries Ltd. respectively.

It is believed that the two new ships after delivery in 2018, shall be managed by NYK for transporting LNG for a 20-year tenure.  Chubu Electric Power Co. has an equity interest in the same.  NYK’s medium-term management plan is all about NYK continuing its efforts to be a part of stable and economical LNG transport.

Outlines of LNG Carriers:

Owner

Trans-Pacific Shipping 6 Ltd

Trans-Pacific Shipping 7 Ltd

Flag

Bahamas

Bahamas

Ship management

NYK

NYK

Ship Builder

Mitsubishi Heavy Industries Ltd., Nagasaki Shipyard & Machinery Works

Kawasaki Heavy Industries Ltd., Sakaide Shipyard

Cargo Tank Capacity

About 180,000 cubic meters

About 177,000 cubic meters

Gross Tonnage

About 151,500 tons

About 137,000 tons

Length

About 297.5 meters

About 300.0 meters

Breadth

48.94 meters

48.90 meters

Main Engine

STaGE

DFDE

Deliver

2018

2018

Source: NYK

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