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    Japan's NYK Names New LNG Carrier

Summary

It will be chartered to Mitsui.

by: Shardul Sharma

Posted in:

Natural Gas & LNG News, Asia/Oceania, Security of Supply, Corporate, Import/Export, Liquefied Natural Gas (LNG), News By Country, Japan

Japan's NYK Names New LNG Carrier

Japan’s NYK Line February 21 named a new LNG carrier during a ceremony held in Nagasaki at the Mitsubishi Heavy Industries’ Koyagi Shipyard, it said February 27.

The LNG carrier, named Marvel Crane, will be chartered by NYK to Mitsui under a long-term contract.

“Following the delivery of Marvel Falcon last year, Marvel Crane is the second LNG vessel for which NYK has concluded a long-term time-charter contract with Mitsui & Co., Ltd. for the Cameron LNG project,” NYK said.

The carrier, with a tank capacity of 177,277 m3, will be delivered end-March and assigned to transport LNG for a 25-year period from the Cameron project in the US..NYK will be responsible for ship management of the vessel.

The vessel has apple-shaped tanks that have greater LNG-carrying capacity and is equipped with a hybrid propulsion system combining a steam turbine and engines that can be fired by gas, NYK said. 

The banner image shows LNG carrier Marvel Crane (image credit: NYK)