LNG

Oct 3 (LNGJ) - Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) signed a contract with a subsidiary of French energy major Total to charter a newbuild LNG carrier for seven years with an optional extension period of one year. NYK said the new vessel with capacity of 174,000 cubic metres capacity would be built in South Korea by Samsung Heavy Industries and delivered in 2021. “NYK will continue to provide flexible and optimal LNG transport options that meet customers’ diversifying needs and continue the company’s efforts to contribute to a stable supply of LNG as environment-friendly energy,” said the Japanese company.