NYK and Mitsui & Co. conclude LNG time-charter contract


NYK announced that it has concluded a time-charter contract with Mitsui & Co. Ltd. for a new liquefied natural gas (LNG) carrier for the Cameron LNG project based in the US state of Louisiana.

The ship will be delivered from Mitsui & Co in 2018 and assigned to transport the Cameron project’s LNG for a maximum of 25 years. The new vessel will be owned by Rosewood Shipping Pte. Ltd., a wholly owned subsidiary of NYK, and an NYK will be responsible for ship management.

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