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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

Shipbuilding

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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

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