Wartsila to support NYK LNG carrier

Finland’s Wartsila said it has signed a long-term asset performance agreement with a unit of Japan’s shipping giant NYK for one of the latter’s liquefied natural gas (LNG) carriers.

Wartsila secured the 15-year deal with NYK LNG Ship Management in March this year, according to a statement on Thursday.

It includes the engines and related equipment for the LNG carrier in order to maximize the ship’s uptime while providing long-term cost predictability, and optimized maintenance costs, Wartsila said.

These include the vessel’s three Wartsila 50DF dual-fuel engines, as well as the gas valve units (GVU) and turbochargers.

Wartsila said that it already supports two of NYK’s sister LNG carriers under similar agreements.

The tech firm revealed in January a 13-year optimized maintenance agreement for one LNG carrier, and 15-year deals for two NYK LNG tankers in March last year.

Most Popular

Japan’s K Line on track with LNG fleet growth plans

According to K Line's latest financial report, the firm had 46 LNG carriers in its fleet as of the...

LNG Canada pipeline enters commercial service

Canada's TC Energy said on Tuesday CGL had executed a commercial agreement with LNG Canada and CGL customers that...

Tellurian’s unit seeks more time to build two gas pipelines

Last month, Australia's Woodside acquired all issued and outstanding Tellurian common stock for about $900 million cash, or $1.00 per...

More News Like This

Japan’s first LNG bunkering ship in milestone operation

Japan's K Line and Central LNG Marine Fuel Japan Corporation announced the milestone operation in separate statements on Monday. Central...

Wartsila wins contract for Gasum’s bio-LNG plant in Sweden

Finland’s tech firm Wartsila said it will supply equipment for Gasum’s new bio-LNG production plant in Sweden. Wartsila booked the...

NYK says LNG carrier earnings remain steady

In the first six months of the fiscal year ending March 31, 2025, NYK's consolidated revenues rose 12.7 percent...

Wartsila, Capital Gas ink LNG carrier maintenance deal

According to Wartsila, the five-year deal was booked in the third quarter of this year. Warstila did not provide the...