NYK signs charter agreement with EDF for LNG carrier

Nippon Yusen Kabushiki Kaisha (NYK) affiliated firm France LNG Shipping signed a charter agreement with EDF LNG Shipping for a 174,000 cbm LNG carrier which is expected to be delivered by 2025 by South Korea’s Hyundai Samho Heavy Industries.

PHOTO: France LNG Shipping's LNG Carrier Elisa Aquila. NYK

NYK says in total four vessels will be chartered on a long-term contract from EDF.

Earlier this week, the Japanese shipowner announced a long-term charter contract with China National Offshore Oil Corporation’s (CNOOC) Singapore arm for six LNG carriers to be delivered in 2026 and 2027.

NYK plans to build and own a total of 45 LNG-fuelled vessels in short term, and says it could convert them at a later stage to be powered by low-emission fuels such as biogas and synthetic methane.

France LNG Shipping is a joint venture between NYK and Geneva-based Geogas LNG.