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Multiple newbuild vessel charters with US LNG giant come NYK and Ocean Yield’s way

Multiple newbuild vessel charters with US LNG giant come NYK and Ocean Yield’s way

Green Energy
Multiple newbuild vessel charters with US LNG giant come NYK and Ocean Yield’s way

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Cheniere Marketing International, a wholly owned subsidiary of the U.S. energy player Cheniere Energy, has signed off on long-term charter deals for new liquefied natural gas (LNG) carriers (LNGCs) with Japan’s shipping major Nippon Yusen Kaisha (NYK) Line, part of NYK Group, and Norway’s Ocean Yield.

Illustration; Courtesy of NYK

NYK Line, in partnership with Ocean Yield, has inked long-term charter contracts with Cheniere for new LNG carriers, which will be built at HD Hyundai Heavy Industries in South Korea. These ships are scheduled to be delivered from 2028. A tank made by Gaztransport & Technigaz (GTT) features the GTT Mark III flex plus cargo containment system that has insulating materials to suppress the boil-off rate.

The vessels will be equipped with a next-generation X-DF2.1 intelligent control by exhaust recycling (iCER), variable compression ratio (VCR) system, dual-fuel, low-speed diesel engine that uses fuel oil and boil-off gas, which is LNG vaporized in the cargo tanks during navigation, for the main engine, and a re-liquefaction system that can use

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