On August 4, HUAJING LNG TRANSPORT PTE. LTD. (HLT), a joint venture company in which NYK participates, held a naming ceremony for a new liquefied natural gas (LNG) carrier for the CNOOC Group, a Chinese state-owned energy company.
The ceremony took place at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. in China, where the vessel is being built, and the vessel was named “GREENERGY RIVER,” featuring a coined term combining “Green” and “Energy.” The ceremony was attended by NYK Senior Managing Executive Officer Hironobu Watanabe and other related parties.
HLT is a joint venture company comprising NYK; CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd. (CNOOC SG), a subsidiary of the CNOOC Group; CETS Investment Management (HK) Co., Ltd. (CETS); and CMES LNG Project 4 Company Limited, a subsidiary of China Merchants Energy Shipping Co., Ltd. (CMES), a major Chinese shipping company.
GREENERGY RIVER is the first of a series of six LNG carriers that HLT will deploy for CNOOC SG under this project. It is also the first China-built LNG carrier involving NYK to be deployed under a long-term charter contract with a Chinese customer. From August, the vessel is scheduled to transport LNG procured by the CNOOC Group from suppliers worldwide primarily to China. The vessel will be managed by OPearl LNG Ship Management Company Limited, a ship-management company established jointly by NYK, CMES, and CETS.
The vessel has a cargo capacity of approximately 174,000 m³, an overall length of approximately 299.00 m, and a beam of 46.40 m. It is powered by an X-DF 2.1 iCER dual-fuel slow-speed diesel engine as the main propulsion unit. The vessel is built by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd.
The vessel is equipped with a highly fuel-efficient, state-of-the-art dual-fuel engine that uses fuel oil and boil-off gas (LNG vaporized in cargo tanks during navigation) as fuel. This system enable efficient navigation, contribute to reducing greenhouse gas emissions, and help lower the vessel’s environmental impact.
The core strategy of the NYK Group’s medium-term management plan, “Sail Green, Drive Transformations 2026,” is to deepen the Group’s existing core businesses and invest in new growth businesses. In its Energy Business Division, NYK has centered its strengthened efforts on the LNG/LPG carrier business, which the company has positioned as a growth area. NYK will continue to contribute to realizing a stable energy supply by leveraging the experience, expertise, and networks the NYK Group has cultivated as one of the world’s largest LNG carrier-owning and management companies.