NYK Concludes Charter Agreement for LNG Carrier with Osaka Gas

by Admin
NYK LIne LNG Carrier

NYK signed a multi-year time charter contract with Osaka Gas International Transport Inc. (President: Takenori Fujita, Head office: Osaka), a Daigas Group company, for a new liquefied natural gas (LNG) carrier.

This vessel, named “Grace Freesia,” comes equipped with a WinGD-made dual-fuel slow-speed diesel engine (i.e., X-DF diesel engine) that has superior fuel-consumption efficiency and can operate on marine gas oil or boil off gas stored in the cargo tank. The carrier also features a re-liquefaction system that can use surplus boil-off gas efficiently. The cargo tank is a 174,000 cubic meter capacity membrane-type tank that makes use of advanced insulating materials to suppress the boil-off rate (percentage of gas volume that vaporizes during navigation) in the cargo tank and realizes significantly more efficient, economical, and environmentally friendly operation.

By utilizing its experience and network cultivated as a world-scale LNG-carrier owning-and-managing company, NYK is contributing to Japan’s stable energy supply.

Press Release NYK Line