NYK Inks Charter Deal for 6 LNG Carriers

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NYK signs a long-term charter with CNOOC and Power Singapore Trading & Marketing Pte. Ltd. for six new LNG carriers, says a press release on their website.

LNG transportation

The six vessels are scheduled to be delivered between 2026 and 2027 and will be mainly engaged in LNG transportation to China.

Agreement for joint owning

NYK has also signed a project head of agreement with a subsidiary of China Merchants Energy Shipping Co. Ltd (CMES), a Chinese shipping company, to jointly own and manage the vessels. 

With the partnership of CMES, NYK will provide able and safe LNG transportation to the CNOOC.

Next-generation-fuel engine

The LNG carriers will be fitted with an X-DF2.1 iCER, a next-generation dual-fuel engine that can run on either fuel oil or gas stored in the cargo tank.

The vessels will each have a cargo tank capacity of about 174,000 cubic meters and a membrane-type tank that will make use of advanced insulating materials to reduce the boil-off rate.

Zero-emission fuels

The NYK Group will support new value creation as a sustainable solution provider through a business model that includes LNG transportation, which is predicted to be a low-carbon bridging fuel before the transition to future zero-emission fuels.

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Source: NYK Line