NYK signed a contract with Edison SPA, a Milan-based energy company, to charter out a newly built liquefied natural gas (LNG) carrier for up to 20 years, including optional extension periods.
Specifically, the vessel is to be delivered in 2022 from South Korea’s, Hyundai Samho Heavy Industries Co. Ltd.
The new carrier will be propelled by WinGD-manufactured, dual-fuel slow-speed diesel engines, that will be able to operate on marine gas oil or boil off gas stored as liquid at cryogenic temperatures.
The carrier will also feature an Air Liquide–manufactured Turbo-Brayton refrigeration system that can tap surplus boil-off gas.
In accordance with its new medium-term management plan ‘Staying Ahead 2022 with Digitalization and Green,’ the NYK Group seeks to secure stable freight rates through long-term contracts, provide flexible and optimal LNG transport options that meet customers’ diversifying needs, and continue its efforts to contribute to a stable supply of LNG.