AsiaContracts and TendersEuropeVessels

NYK confirms LNG carrier charter deal with Germany’s EnBW

By LNG Prime Staff
NYK confirms LNG carrier charter deal with Germany's EnBW
For illustration only (Image; NYK)

Japan’s shipping giant NYK has signed a charter deal with German energy firm EnBW for four 174,000-cbm LNG carriers.

LNG Prime reported on May 2, citing brokers, that NYK has ordered four LNG carriers at South Korea’s HD Hyundai Heavy Industries and chartered the vessels to EnBW.

These four vessels have a price tag of 1.408 trillion won ($1.05 billion) or some $262 million per ship.

NYK confirmed the long-term charter contracts in a statement released on Tuesday.

However, NYK did not reveal further information regarding the charter contracts.

Hyundai Heavy will deliver these LNG carriers in sequence during 2027.

NYK said the membrane-type tanks will be made of advanced insulating materials that reduce the vaporization rate, while the vessels will be propelled by fuel efficient dual-fuel slow-speed two-stroke marine engines.

Also, the LNG carriers will feature a shaft generator and air lubrication system (ALS), making the ships “more environmentally-friendly” than conventional LNG carriers, NYK said.

The French-flagged ships will have about 289.9 meters in length and 46.1 meters in breadth.

In April this year, EnBW booked more long-term capacity at Hanseatic Energy Hub’s planned Stade LNG import terminal in Germany.

HEH expects this facility to go online in 2027.

Also, EnBW signed two long-term deals last year to buy LNG from US LNG exporter Venture Global LNG.

Under the 20-year sales and purchase agreements, Venture Global will supply about 1.5 million tonnes per annum from its Plaquemines and CP2 facilities, starting in 2026.

Most Popular

Contracts and Tenders

Worley clinches EPC gig for Venture Global’s CP2 LNG expansion project

Australian engineering firm Worley has signed a reimbursable engineering, procurement, and construction (EPC) contract for Venture Global’s CP2 LNG expansion project in Louisiana.
LNG Terminals

Jera Global Markets delivers its first LNG cargo to Senegal

Singapore-based LNG trader Jera Global Markets, a joint venture of Japan’s Jera and France’s EDF, has recently delivered its first liquefied natural gas (LNG) cargo to Senegal.
LNG Terminals

DET: Stade FSRU gets first LNG cargo

Germany’s LNG import terminal operator DET has received the first liquefied natural gas (LNG) cargo at its FSRU-based LNG import facility in Stade.

More News Like This

LNG as Fuel

NYK and Kyushu Electric complete 100th operation with Japanese LNG bunkering vessel

Japan’s NYK, Kyushu Electric Power, and two other partners have completed the 100th ship-to-ship operation with the 3,500-cbm LNG bunkering vessel, KEYS Azalea.
Contracts and Tenders

WinGD clinches service contracts for 14 LNG carriers

Switzerland-based engine maker WinGD, a unit of China’s CSSC, has secured three long-term service agreements covering 14 dual-fuel LNG carriers.
LNG as Fuel

HD Hyundai yards to build more LNG-powered containerships for HMM

South Korean shipping firm HMM has ordered six LNG dual-fuel container vessels at two HD Hyundai yards.
Contracts and Tenders

MISC JV seals Malaysian LNG carrier charter deal

A joint venture of Malaysian LNG shipping firm MISC and Japan's NYK has signed a long-term charter agreement with Malaysia LNG (MLNG), a unit of Petronas and operator of the giant Bintulu LNG complex, for one 18,700-cbm LNG carrier.