Japan’s NYK places order for LNG-powered bulkers

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

Worley gets full notice to proceed on first phase of CP2 LNG project

Australian engineering firm Worley has received a full notice to proceed from US LNG exporter Venture Global LNG under its reimbursable EPC contract for the first phase of the CP2 LNG project in Louisiana.

Venture Global’s Plaquemines LNG to commission fourth tank

US LNG exporter Venture Global LNG has received approval from the US FERC to commission the fourth storage tank with LNG at its Plaquemines plant in Louisiana.

MOL’s LNG carrier fleet stands at 104 vessels

MOL's large fleet of liquefied natural gas (LNG) tankers had 104 vessels as of the end of June this year.

More News Like This

Cameron LNG hits new milestone

Sempra Infrastructure, a unit of Sempra, and its partners have shipped the 1,000th cargo of liquefied natural gas from the Cameron LNG export plant in Louisiana since 2019.

QatarEnergy LNG carrier wraps up trials in China

A 174,000-cubic-meter liquefied natural gas (LNG) carrier, built as part of QatarEnergy's massive shipbuilding program, has completed its trials in China, according to Hudong-Zhonghua.

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.

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

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