NYK concludes long-term charters for its new LNG carriers with U.S. energy giant Cheniere
Japan’s NYK Line, in partnership with Ocean Yield AS, has signed multiple long-term charter contracts for new liquefied natural gas (LNG) carriers with Cheniere Marketing International LLP, a wholly owned subsidiary of Cheniere Energy, Inc., a major US LNG producer.
The vessels will be built at HD Hyundai Heavy Industries Co. Ltd. in South Korea and will be delivered from 2028. NYK has announced it is building four option four units.
The LNG carriers will be equipped with a next-generation X-DF2.1 iCER, VCR system, dual-fuel, low-speed diesel engine that uses fuel oil and boil-off gas for the main engine, and a re-liquefaction system that can use surplus boil-off gas effectively. The 200,000 cubic metre capacity membrane-type tank uses advanced insulating materials to optimise efficiency and economy of LNG transportation.
The vessels will be the first LNG carriers NYK has chartered under a long-term time charter contract with Cheniere.
Last year Cheniere produced and exported its 4,000th cargo of U.S. LNG, loading the Maran Gas Ithaca at the Sabine Pass Liquefaction facility in Louisiana (pictured), making it the fastest company to accomplish that feat.