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

Fugro Secures India Deepwater Drilling ROV Contract

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Jadestone Energy Lifts Malaysia Production with Second Online Well

Searah Malaysia Starts Upstream Oil and Gas Operations

Sunda Energy Applies for Exploration Permit Offshore New Zealand

Qatari LNG Carriers Re-Enter Hormuz as Traffic Through Strait Slumps

Current News

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

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