NYK Line signs LNG newbuild charter deal with Total

NYK Line signs LNG newbuild charter deal with Total
Image courtesy of NYK Line

Japanese shipping giant Nippon Yusen Kaisha (NYK Line) signed a seven-year contract with Total Gas & Power Chartering, a unit of France’s Total, for a newbuild LNG carrier. 

The contract includes a one-year extension option, NYK Line said in its statement.

The new vessel will be built by the South Korean shipyard Samsung Heavy Industries and is due to be delivered in 2021.

In its filing to the stock exchange, SHI said the order is valued at just over 200 billion won ($180 million).

The LNG carrier will be equipped with a WinGD-made dual-fuel slow-speed diesel engine and can operate on marine gas oil or boil off gas stored in the cargo tank.

The cargo tank will be a 174,000 cubic meter capacity GTT Mark III flex membrane-type tank capable of suppressing the boil-off rate.

In addition, the new carrier will feature a re-liquefaction system that can use surplus boil-off gas effectively, NYK Line said.

Share this article

Follow LNG World News

Posted on October 2, 2018

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >