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NYK inks long-term contract with Jera for new LNG carrier

NYK and Jera have signed a long-term charter contract for a new LNG carrier to be built in South Korea by Hyundai Samho Heavy Industries.

Michele Labrut, Americas Correspondent

February 9, 2024

1 Min Read
LNG carrier
Photo: John Foreman

The vessel will be delivered in 2027 and will be equipped with a next-generation X-DF2.2 iCER low-speed, dual-fuel diesel engine that uses fuel oil and boil-off gas for the main engine and a relicensing system that can utilise surplus boil-off gas efficiently.

The ship will also have a 174,000 cu metre capacity membrane tank.

The vessel is the eleventh LNG carrier that NYK has chartered under a time charter contract with Jera.

In its medium-term management plan announced in March 2023, NYK positioned its bulk shipping business as a core business and will invest $2 billion in LNG carrier construction by fiscal year 2026.

 

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About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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