NYK secures long-term LNG carrier charter from EDF LNG

NYK secures long-term LNG carrier charter from EDF LNG

Japan’s NYK Line has signed a contract with EDF LNG Shipping, a subsidiary of Electricité de France (EDF), to charter out a LNG carrier newbuilding for seven years, with options available for up to 13 additional years.

The 174,000 cu m vessel will be built by South Korean yard Hyundai Samho Heavy Industries and is due to be delivered on April 30, 2020.

“NYK Group will continue its efforts to provide stable energy transport services all over the world through long-term contracts for business with stable freight rates,” NYK said in a release.

The NYK Group operates a total of 18 LNG carriers in its fleet and in joint ventures, while it also has another seven LNG carriers under construction.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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