NYK’s Gazocean welcomes new LNG carrier in its fleet

French vessel manager Gazocean, a unit of Japan’s NYK, has added a new liquefied natural gas (LNG) carrier to its fleet. France LNG Shipping, a joint venture of NYK and Geogas LNG, owns the vessel.

The delivered newbuild LNG carrier is the 174,000-cbm Elisa Halcyon, according to a social media post by Gazocean.

Gazocean said that South Korea’s Hyundai Heavy Industries delivered the French-flagged LNG carrier on October 31, and the firm will manage the vessel on behalf of France LNG Shipping (FLS).

The company now manages 13 vessels, including eight LNG and five LPG carriers.

Before this delivery, FLS and Gazocean welcomed the 174,000-cbm Elisa Ardea in December last year.

Gazocean added six LNG carriers to its managed fleet between 2020 and 2022, and FLS owns all of these vessels.

French energy giant TotalEnergies took on charter four 2021-built FLS vessels, and these include LNG AdventureLNG EndeavourLNG Endurance, and LNG Enterprise.

Moreover, the FLS LNG carriers include the 2020-built Elisa Larus, and the 2022-built Elisa Aquila, both chartered by units of French state-owned utility EDF.

EDF’s Edison took on charter Elisa Ardea and the newest newbuild Elisa Halcyon.

Ocean Yield stake

Last year, KKR-backed Ocean Yield agreed to purchase infrastructure fund CVC DIF’s share in Geogas LNG, providing an indirect economic interest of up to 34 percent in FLS.

Earlier this year, KKR-backed Ocean Yield agreed to increase its stake in FLS.

Norway-based Ocean Yield agreed to buy Access Capital Partners’ share in Geogas LNG.

The transaction will increase Ocean Yield’s indirect economic interest in FLS from 34 percent to 45 percent.

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