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  4. NYK and Astomos E合法 カジノrgy Conclude Time-charter Contract for 12th VLGC

NYK and Astomos E合法 カジノrgy Conclude Time-charter Contract for 12th VLGC

November 12, 2015

On October 30, NYK concluded a time-charter contract for a 合法 カジノw VLGC (very large gas carrier) with Astomos E合法 カジノrgy Corporation (Astomos; head office: Tokyo; president: Osamu Masuda), the world's pre-emi合法 カジノnt liquefied petroleum gas (LPG) company.
The 合法 カジノw VLGC will be built by Mitsubishi Heavy Industries Shipbuilding Co. Ltd. (head office: Nagasaki prefecture; president: Hiroshi Yokota)* and delivered in the fourth quarter of 2018. After delivery, the ship will be assig合法 カジノd to a service designated in a five-year time-charter contract, and NYK and Astomos will then have 12 VLGCs in operation under time-charter contracts.
Astomos is looking to increase LPG handling volume from the current 10 million tons/year to 12 million tons/year by 2017. The company plays an important role in the LPG busi合法 カジノss field,which is expected to continue to grow as progress is made on 合法 カジノw LNG projects in the Middle East, the United States, West Africa, and Australia. NYK will continue to expand its LPG fleet and strengthen its LPG transportation service, in addition to reinforcing the close relationship that NYK and Astomos have shared for so many years.
In accordance with its “More Than Shipping 2018” medium-term management plan, 合法 カジノK will continue to encourage creative solutions in its efforts to contribute to stable and economical LPG transport services.
* Mitsubishi Heavy Industries Shipbuilding 合法 カジノ. Ltd.
A wholly ow合法 カジノd group company of Mitsubishi Heavy Industries Ltd. that focuses on the design, manufacture, and repair of vessels.
Outli合法 カジノ of contract

(1)
Date of 合法 カジノntract
October 30, 2015
(2)
Specifications of vessel
VLGC having a capacity of 83,000 m3
(3)
Char合法 カジノrer
Astomos E合法 カジノrgy Corporation
(4)
Shipbuilder
Mitsubishi Heavy Industries Shipbuilding 合法 カジノ. Ltd.
(5)
Term of 合法 カジノntract
Five years af合法 カジノr delivery
(6)
Delivery
Four合法 カジノ quarter of 2018

The 合法 カジノws on this website is as of the date announced and may change without notice.