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

Pertamina Joins Petronas in Ultra-Deepwater Asset off Indonesia

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Shell’s Brazil-Bound FPSO Starts Taking Shape

Aesen, DOC JV Targets Subsea Cable Logistics

Timor Gap Boosts Stake in Finder Energy’s Timor-Leste Oil Fields

Russia Targets 2028 for Sakhalin-3 Gas Project Start Up

Yinson Production Nets DNV Approval for New FPSO Hull Design

POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

Current News

Sponsored: UAE Breaks Ground on World First Gigascale Renewable Energy Project

Pertamina Joins Petronas in Ultra-Deepwater Asset off Indonesia

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

US Pressure on India Could Propel Russia's Shadow Oil Exports

Energy Drilling’s EDrill-2 Rig Starts Ops for PTTEP in Gulf of Thailand

RINA Wins FEED Contract for Petronas’ Flagship CCS Project in Malaysia

ABL Secures Rig Moving Assignment with India's ONGC

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