NYK Concludes Long-Term Charter Agreement With German Energy Giant EnBW

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NYK has signed long-term charter contracts for four new liquefied natural gas (LNG) carriers with EnBW Energie Baden-Wuerttemberg AG (hereafter EnBW), a major German energy company, says an article published on their website.

Advanced insulating materials

These four vessels will be built at HD Hyundai Heavy Industries Co. Ltd. in South Korea and will be completed in sequence during 2027.

The 174,000 cubic meter capacity membrane-type1 tanks will be made of advanced insulating materials that reduce the vaporization rate.

Environmentally-friendly

They will be propelled by fuel efficient dual-fuel slow-speed two-stroke marine engines2. They will also feature a shaft generator3 and air lubrication system (ALS),4 making the ships more environmentally-friendly than conventional LNG carriers.

Energy transitions

Comment by Yasuyuki Inami, Executive Officer, NYK Energy Division

“We are very pleased to have signed this new long-term charter contract with EnBW. This conclusion is of great significance for further promoting the NYK Group’s ESG management. We will continue to provide EnBW with reliable LNG transportation services under our strong partnership, contributing to energy transitions around the world.”

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Source: NYK