AsiaLNG as Fuel

Japan’s NYK places order for LNG-powered bulkers

By LNG Prime Staff
Japan's NYK places order for LNG-powered bulkers
Image: NYK

Japan’s shipping giant NYK said it has decided to order four LNG-powered capesize bulk carriers at shipyards in Japan and China.

According to a statement by NYK on Friday, Nihon Shipyard will build two bulkers while Namura Shipbuilding will construct one LNG-powered vessel.

China’s Shanghai Waigaoqiao Shipbuilding, a unit of CSSC, also won a contract from NYK for one ship.

NYK said it would take delivery of the LNG-powered bulk carriers sequentially from 2024 to 2025.

It did not reveal the value of the deal.

The firm is investing heavily in LNG-powered vessels as it looks to cut emissions and comply with more stringent IMO rules.

Last year, NYK signed a charter deal for its first LNG-powered bulk carrier with Japanese steel manufacturer JFE Steel.

It also confirmed plans to order twelve LNG-fueled PCTCs at two Japanese yards. NYK took delivery of Japan’s first LNG-powered PCTC, Sakura Leader, in October 2020.

Most Popular

Contracts and Tenders

Venture Global, Petronas seal 20-year LNG SPA

US LNG exporter Venture Global LNG has signed a 20-year LNG supply contract with Malaysian energy giant Petronas for volumes from the CP2 project in Louisiana.
LNG Terminals

Golden Pass LNG seeks re-export approval

Golden Pass LNG, a joint venture owned by energy giants QatarEnergy and ExxonMobil, is seeking approval from the US DOE to export previously imported LNG from October, as it nears the launch of the first liquefaction train.
Contracts and Tenders

TPDC, Energetech Tantel to develop Tanzanian small-scale LNG plant

State-run Tanzania Petroleum Development Corporation has signed a memorandum of understanding with Energetech Tantel to develop what they say is Tanzania's first small-scale LNG plant.

More News Like This

Vessels

NYK LNG carrier rescues 11 people in Atlantic Ocean

A liquefied natural gas (LNG) carrier managed by a unit of Japan's shipping giant NYK rescued 11 Portuguese fishers in the Atlantic Ocean on June 22.
Vessels

China’s Hudong-Zhonghua delivers its 50th LNG carrier

Chinese shipbuilder Hudong-Zhonghua has delivered its 50th liquefied natural gas (LNG) carrier.
Contracts and Tenders

Ocean Yield to boost stake in France LNG Shipping

KKR-backed Ocean Yield has agreed to increase its stake in LNG carrier owner France LNG Shipping.
LNG as Fuel

ONE plans LNG-powered containership order

Ocean Network Express (ONE), a joint venture of Japan's NYK, MOL, and K Line is eyeing an order for LNG dual-fuel container vessels, according to shipbuilding sources.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA