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NYK Concludes Fourth Long-Term Charter Agreement For LNGC With EDF LNG Shipping

marinesalvage by marinesalvage
July 6, 2022
in News
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New LNG Carrier
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NYK Concludes Fourth Long-Term Charter Agreement For LNGC With EDF LNG Shipping


France LNG Shipping SAS, * an NYK associated business, has actually authorized a lasting charter agreement for a brand-new melted gas (LNG) service provider with EDF LNG Shipping SAS. ** The recently constructed LNG service provider is arranged for distribution in 2025 fromHyundai Samho Heavy Industries Co Ltd. This is the 4th vessel on a lasting time-charter agreement with the EDF Group.

The recently constructed LNG service provider will certainly be thrust by a WinGD-manufactured, dual-fuel slow-speed diesel motor. The service provider will certainly likewise include an Air Liquide– produced *** Turbo-Brayton refrigeration system that can touch excess boil-off gas. Manufactured by GTT, the 174,000-cubic meter capability membrane-type **** storage tank will certainly be constructed from innovative shielding products that decrease the evaporation price.

Commenting on the finalizing of the 4th long-lasting time-charter agreement with the EDF Group, NYK exec policeman Hironobu Watanabe stated, “We are very pleased to have signed another long-term charter contract for a new liquefied natural gas (LNG) carrier with EDF LNG Shipping SAS. This conclusion is of great significance for further promoting the NYK Group’s ESG management. We will continue to provide EDF with stable LNG transportation services under our strong partnership, contributing to energy transitions around the world.”

New LNG Carrier
Representation Image— Credits: nyk.com

In February 2021, NYK launched the “NYK Group ESG Story,” which intends to additionally incorporate ESG right into the business’s monitoring approach as well as advertises tasks that add to the accomplishment of the SDGs with company tasks. In March this year, NYK launched the upgraded “NYK Group ESG Story 2022,” which presents campaigns for incorporating ESG right into the Group’s monitoring techniques stated in the “NYK Group ESG Story” as well as offers a partial description of the Group’s lasting development approach from a lasting viewpoint.

To highly advertise ESG monitoring, the NYK Group is motivating brand-new worth development as a lasting service supplier with a company approach that consists of the transport of LNG, which is anticipated to be a low-carbon linking gas before the shift to future zero-emission gas.

Outline of Vessel

  • Cargo storage tank capability: regarding 174,000 cubic meters
  • Length total: regarding 297 meters
  • Breadth: regarding 46.4 meters
  • Gross tonnage: regarding 118,300 loads
  • Main engine: X-DF diesel motor
  • Speed: 19.5 knots
  • Shipbuilder: Hyundai Samho Heavy Industries Co., Ltd.
  • Delivery year: 2025
  • Flag: France

* A ship-owning business based in France as well as similarly had by NYK (50%) as well as Geogas LNG SAS (50%), a subsidiary of the Geogas Group.

** EDF LNG Shipping SAS is a subsidiary of Electricit é de France (EDF) for LNG transport.

*** The within the storage tank is covered with a nickel steel or a stainless-steel membrane layer to preserve reduced temperature levels as well as soak up gas development.

**** As a worldwide commercial as well as clinical gas business, Air Liquide runs in 75 nations around the globe, sustaining companies in varied areas such as steel, chemicals, steel handling, food, electronic devices, as well as medical care.

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