NYK buys new LNG carrier pair at Samsung on Total charter

A SHI-built LNG carrier A SHI-built LNG carrier

Japan’s Nippon Yusen Kaisha (NYK) has approached South Korea’s Samsung Heavy Industries (SHI) to build two new LNG carrier on the back of a long term charter deal with France’s Total subsidiary.

The pair of 174,000 cu m membrane-type tank LNG carrier is priced at a total of KRW400bn ($360m), scheduled for delivery from SHI in 2021.

The two LNG carriers will be equipped with a WinGD-made fuel slow-speed diesel engine that has fuel consumption efficiency and can operate on marine gas oil or boil off gas stored in the cargo tank. The carriers will also feature a re-liquefaction system that can use surplus boil-off gas effectively.

Read more: Video: NYK unveils zero emissions car carrier concept design

Total Gas & Power Chartering Limited will charter the LNG carriers.

The latest deal brings SHI’s new order total for 2018 to 44 vessels valued at $5.4bn, including 13 LNG carriers, 13 containerships, 15 tankers, and three special purpose ships.

Posted 10 December 2018

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Lee Hong Liang

Asia Correspondent

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