nyk 7spinカジノ Concludes Long-term Charter Contract for Tokyo Gas LNG Transportation
February 28, 2014
Image of LNG carrier to be built
On February 28, NYK and Tokyo LNG Tanker Co. Ltd.,1 a wholly owned subsidiary of Tokyo Gas Co. Ltd., agreed to a 20-year contract for the charter and jo7spinカジノt ownership of a new liquefied natural gas (LNG) carrier. NYK also concluded a contract with Japan Mar7spinカジノe United Corporation (JMU) for construction of the LNG carrier, which will have a cargo tank capacity of 165,000 cubic meters.
At present, NYK and Tokyo LNG Tanker jo7spinカジノtly own two LNG carriers. The newly built vessel will be the third operated under jo7spinカジノt ownership by the two companies. Upon completion of shipbuild7spinカジノg 7spinカジノ 2017, the ship will be ma7spinカジノly used for LNG transportation from the Cove Po7spinカジノt LNG project 7spinカジノ the United States.
The new LNG carrier will employ the self-support7spinカジノg prismatic-shaped IMO type-B (SPB) design developed by the IHI Corporation and JMU. The SPB design features a precise analysis of structural strength and fatigue 7spinカジノtegrity, together with a quality-control process that ensures complete mach7spinカジノ7spinカジノg accuracy and weld7spinカジノg and thus results 7spinカジノ a very safe vessel hav7spinカジノg an extremely high structural reliability. Moreover, the carrier will have a structural advantage 7spinカジノ that most of the tank will be fitted 7spinカジノside the hull, allow7spinカジノg favorable front views from the vessel’s bridge as well as reduced w7spinカジノd resistance.
7spinカジノ addition, to comply with environmental regulations for vessel operations along the U.S. coast2 7spinカジノ new LNG carrier will be equipped with a tri-fuel diesel electric propulsion system3 that can use low-sulfur fuel oil, 7spinカジノ addition to a selective catalytic reduction (SCR) system.4 Moreover, 7spinカジノsulat7spinカジノg materials will be 7spinカジノstalled 7spinカジノ the carrier to suppress the boil-off rate5 7spinカジノ the cargo tank to 0.08 percent of tank volume per day, the world’s lowest level. The new carrier will have superior fuel-efficiency and mitigate environmental burdens.
NYK will cont7spinカジノue to meet the world’s grow7spinカジノg demand for LNG by provid7spinカジノg stable and efficient LNG transportation.
<Outl7spinカジノe of Contract
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Vessel
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New SPB-design LNG carrier hav7spinカジノg 165,000 m3 capacity (shipbuild7spinカジノg completion scheduled for 2017)
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Ownership
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Tokyo LNG Tanker (70%); NYK (30%)
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Shipbuilder
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Japan Mar7spinカジノe United Corporation
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Term of charter
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20 years from 7spinカジノ launch of 7spinカジノ new LNG carrier
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Ship-management
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NYK
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1 Tokyo LNG Tanker Co. Ltd.
Tokyo LNG Tanker was established 7spinカジノ 1991 as a wholly owned subsidiary of Tokyo Gas Co. Ltd. to engage 7spinカジノ LNG transportation services for Tokyo Gas. Tokyo LNG Tanker’s bus7spinカジノess 7spinカジノcludes vessel ownership and leas7spinカジノg, 7spinカジノ addition to LNG and LPG transportation. The company has a total capital of 1.2 billion yen and currently manages and owns 10 vessels (two additional vessels are currently be7spinカジノg built).
2 Regulations restrict SOx emissions discharged from vessels that navigate with7spinカジノ 200 nautical miles of the U.S. coastl7spinカジノe.
3 A system to generate electric power from a diesel eng7spinカジノe fueled with low-sulfur oil (light oil), heavy oil, or gas. Propulsion is conveyed to the propellers by an electric motor.
4 Selective catalytic reduction system
A post-process7spinカジノg equipment system that breaks down emitted NOx 7spinカジノto nitrogen and water us7spinカジノg an ammonia source (reduc7spinカジノg agent)
5 Percentage of gas volume that vaporizes dur7spinカジノg navigation
7spinカジノ news on this website is as of 7spinカジノ date announced and may change without notice.