NYK, CNOOC Sign Long-term Charters for Six LNG Carriers

Monday, May 2, 2022

Japanese shipping and logistics firm NYK has signed a long-term time-charter contract with CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd. for six liquefied natural gas (LNG) carriers, in addition to a shipbuilding contract for the vessels with Hudong-Zhonghua Shipbuilding (Group) Co. Ltd.

This is NYK's first long-term time-charter contract for an LNG carrier with CNOOC. The six vessels are scheduled to be delivered between 2026 and 2027 and will be mainly engaged in LNG transportation to China. 

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.

The LNG carriers will be equipped with an X-DF2.1 iCER, a next-generation dual-fuel engine that can operate on fuel oil or boil off gas stored in its 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 - a percentage of gas volume that vaporizes during navigation.

Vessel Particulars

Length overall: about 299.00 meters
Molded Breadth: 46.40 meters
Main engine: X-DF2.1 iCER
Cargo tank capacity: about 174,000 cubic meters
Shipbuilder: Hudong-Zhonghua Shipbuilding (Group) Co., Ltd.
Delivery year: 2026–2027

Categories: Shipbuilding Asia LNG Carriers

Related Stories

Odfjell Technology Boosts Asia Pacific Presence with New Contracts in Malaysia

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

Woodside and Partners Appoint Wood for Greater Sunrise Gas Concept Study

Mitsui to Develop Vietnam Gas Field for $740 Million

Japan Chooses Consortium for Offshore Wind Farm in Akita

Brassavola Completes Maiden Ship-to-Ship LNG Bunkering Operation

BW Opal FPSO Starts Taking Final Shape Ahead of Barossa Assignment

JERA Finds Indonesian Partner for LNG Value Chain Development

Asia LNG Imports Are Robust, But Record Supply Keeps Spot Prices Muted

Current News

Optimizing Cathodic Protection Survey Using Non-contact Sensors

Into the Deep: Offshore Production Increasingly Finds Deeper Waters

Odfjell Technology Boosts Asia Pacific Presence with New Contracts in Malaysia

Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services

CNOOC Starts Production at Gas Field in Bohai Sea

Shell In Talks to Sell Malaysia Fuel Stations to Saudi Aramco

Unique Group Acquires Subsea Innovation

ConocoPhillips Misses Quarterly Profit Estimates

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Russia Shipping Oil to North Korea Above UN Mandated Levels

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com