NYK and Geogas pen another LNG carrier charter deal with EDF

A joint venture consisting of NYK and Geogas LNG has signed a new long-term charter deal for one LNG carrier with a unit of French state-controlled utility EDF.

According to a statement by Japan’s NYK on Friday, France LNG Shipping would deliver the new 174,000-cbm vessel to EDF LNG Shipping in 2025, the same as the prior vessel in January.

NYK said this new deal marks the fourth long-term time-charter contract with the EDF Group.

The shipping giant said that South Korea’s Hyundai Samho Heavy Industries would build the new LNG carrier, confirming a recent report by LNG Prime.

To remind, LNG Prime reported, citing shipbuilding sources, that NYK had ordered one LNG carrier at HSHI last week.

Parent KSOE said HSHI would build the 174,000-cbm LNG carrier for about $224 million and deliver it to an unidentified European shipowner by October 2025.

NYK said the new vessel would feature WinGD’s X-DF dual-fuel engines and GTT’s membrane containment system.

In addition, the 297 meters long LNG carrier will also have an Air Liquide–manufactured Turbo-Brayton refrigeration system that can tap surplus boil-off gas.

EDF already uses one LNG carrier from France LNG Shipping. The 174,000-cbm Elisa Larus started serving the French firm in May 2020.

France LNG Shipping took delivery of several carriers in the last two years, including the most recent delivery of the 174,000-cbm Elisa Aquila, chartered by EDF’s Edison.

Most Popular

Italy’s Eni to join YPF’s Argentina LNG project

Eni's CEO, Claudio Descalzi, and the CEO of YPF, Horacio Marín, signed the memorandum on Monday to evaluate Eni's...

Woodside names Sarah Bairstow as Louisiana LNG head

Australian LNG player Woodside has appointed Sarah Bairstow to lead its Louisiana LNG project.

NextDecade, TotalEnergies seal 20-year LNG SPA

French energy giant TotalEnergies has exercised its option to buy liquefied natural gas (LNG) from the planned fourth train at NextDecade's Rio Grande LNG facility in Texas.

More News Like This

Hudong-Zhonghua launches LNG carrier

Chinese shipbuilder Hudong-Zhonghua has launched one 174,000-cbm liquefied natural gas (LNG) carrier it is building for NYK and CNOOC.

VesselsValue: South Korea’s LNG carrier orderbook worth $71.3 billion

South Korean yards have 276 LNG carriers worth $71.3 billion on order, according to the newest data by Veson Nautical’s VesselsValue.

Jera and EDF expand LNG trading JV to include Japanese power trading

Japan’s Jera and France’s EDF have agreed to expand their LNG and coal trading joint venture, Jera Global Markets, to include Japanese power trading.

Japan remains top LNG tanker owner

Japan owns the world’s most valuable and largest fleet of LNG carriers, and the nation is followed by Greece...