NYK confirms LNG carrier charter deal with Germany’s EnBW

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

Venture Global to introduce gas to tenth Plaquemines liquefaction block

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce natural gas to the tenth liquefaction block at the Plaquemines LNG terminal in Louisiana as part of the plant’s commissioning process.

Kimmeridge’s Commonwealth LNG seeks expedited approval from FERC

Kimmeridge's Commonwealth LNG is seeking expedited final approval from the US FERC as it looks to make a final investment decision on its planned LNG export plant in Louisiana later this year.

Eni: third phase of YPF’s Argentina LNG project requires $20 billion investment

The third phase of YPF's Argentina LNG export project would require an investment of about $20 billion, according to Eni’s COO of global natural resources, Guido Brusco.

More News Like This

QatarEnergy LNG carrier named in China

China’s Hudong-Zhonghua hosted a naming ceremony for one 174,000-cbm liquefied natural gas (LNG) carrier built as part of the massive QatarEnergy shipbuilding program.

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.

HD Hyundai Heavy lays keel for Excelerate’s FSRU

South Korean shipbuilder HD Hyundai Heavy Industries has laid the keel for Excelerate Energy's new floating storage and regasification...