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Monday, August 26, 2019

Maritime Logistics Professional

September 10, 2015

NYK Charters 2 LNG Carriers for Freeport LNG Project

 

Two joint-venture companies that NYK has established with Chubu Electric Power Co. Inc. each concluded a time-charter contract for a new liquefied natural gas (LNG) carrier with Chubu Electric Power Co. Inc.

In addition, one of the joint-venture companies, Trans Pacific Shipping 6 Limited, concluded a shipbuilding contract with MI LNG Company Limited,* and other joint-venture company, Trans Pacific Shipping 7 Limited, concluded a shipbuilding contract with Kawasaki Heavy Industries Ltd.

These new ships will be managed by NYK after being delivered in 2018 and assigned to transport LNG for a 20-year period from the Freeport LNG Project, in which Chubu Electric Power Co. Inc. has an equity interest.

In accordance with its “More Than Shipping 2018” medium-term management plan, NYK will continue its efforts to be a part of stable and economical LNG transport.

* MI LNG Company Limited 
A joint venture established in April 2013 by Mitsubishi Heavy Industries Ltd. (equity ownership 51%) and Imabari Shipbuilding Co. Ltd. (49%) for designing and marketing new LNG carriers. 

Outline of LNG Carrier for Trans Pacific Shipping 6 Limited 

(1)

Owner

Trans Pacific Shipping 6 Limited 
(Shareholders: Chubu Electric Power Co. Inc. 50%, NYK 50%)

(2)

Flag

Bahamas

(3)

Ship management

NYK

(4)

Shipbuilder

Mitsubishi Heavy Industries Ltd., Nagasaki Shipyard & Machinery Works

(5)

Cargo tank capacity

About 180,000 cubic meters

(6)

Gross tonnage

About 151,500 tons

(7)

Length overall

About 297.5 meters

(8)

Breadth

48.94 meters

(9)

Main engine

STaGE (Steam Turbine and Gas Engines)

(10)

Delivery

2018 (scheduled)



Outline of LNG Carrier for Trans Pacific Shipping 7 Limited 

(1)

Owner

Trans Pacific Shipping 7 Limited 
(Shareholders: Chubu Electric Power Co. Inc. 50%, NYK 50%)

(2)

Flag

Bahamas

(3)

Ship management

NYK

(4)

Shipbuilder

Kawasaki Heavy Industries Ltd., Sakaide Shipyard

(5)

Cargo tank capacity

About 177,000 cubic meters

(6)

Gross tonnage

About 137,000 tons

(7)

Length overall

About 300.0 meters

(8)

Breadth

48.90 meters

(9)

Main engine

DFDE (Dual Fuel Diesel Electric)

(10)

Delivery

2018 (scheduled)