This is a legacy page. Please click here to view the latest version.
Fri 30 Jun 2017 12:38

NYK and Kyushu Electric Power to study LNG bunkering partnership


Japanese firms to look into the feasibility of cooperating in the supply of LNG to ships.



Nippon Yusen Kabushiki Kaisha (NYK Line) and Kyushu Electric Power Co. Inc. have agreed to partner in various fields, including the transportation of liquefied natural gas (LNG).

Under the agreement, Kyushu Electric Power will be able to use NYK ships for short-term LNG transportation requirements. The deal is designed to enable NYK to improve its profitability through efficient vessel allocation and Kyushu Electric Power to improve its flexibility in LNG transport.

NYK and Kyushu Electric Power are to also consider the feasibility of cooperating in complementary businesses, including LNG bunkering.

As previously reported, NYK is part owner of LNG bunker supply business Gas4Sea together with Engie and Mitsubishi Corporation. Gas4Sea uses the world's first purpose-built LNG bunkering vessel, the Engie Zeebrugge, to carry out LNG fuel deliveries in northern Europe.

In May, Gas4Sea signed a non-binding memorandum of understanding (MoU) with Petronas, through its subsidiary Petronas LNG Ltd. (PLL) and its shipping affiliate MISC Berhad (MISC), to explore ways to collaborate and identify potential business opportunities in relation to LNG bunkering.

Last year, Bunker Index reported that NYK had teamed up with Japan's Ministry of Land, Infrastructure, Transport and Tourism and Tokyo Gas to examine the possibility of establishing LNG bunkering stations in Japan, with Yokohama being used as a test case.


Philippe Berterottière and Matthieu de Tugny. GTT unveils cubic LNG fuel tank design for boxships with BV approval  

New GTT CUBIQ design claims to reduce construction time and boost cargo capacity.

Wilhelmshaven Express, Hapag-Lloyd. Hapag-Lloyd secures multi-year liquefied biomethane supply deal with Shell  

Agreement supports container line's decarbonisation strategy and net-zero fleet operations target by 2045.

Dual-fuel ship. Dual-fuel vessels will dominate next decade, says Columbia Group  

Ship manager predicts LNG-powered vessels will bridge gap until zero-carbon alternatives emerge.

Stril Poseidon vessel. VPS campaign claims 12,000 tonnes of CO2 savings across 300 vessels  

Three-month efficiency drive involved 12 shipping companies testing operational strategies through software platform.

Birdseye view of a ship. Gard warns of widespread cat fines surge in marine fuel  

Insurer reports elevated contamination levels, echoing VPS circular in early September.

Christoffer Ahlqvist, ScanOcean. ScanOcean opens London office to expand global bunker trading operations  

New office will be led by Christoffer Ahlqvist, Head of Trading.

Aurora Expeditions' Sylvia Earle. Aurora Expeditions claims 90% GHG reduction in landmark HVO trials  

Sylvia Earle said to be the first Infinity-class ship to trial HVO biofuel.

Molslinjen ferry illustration. Wärtsilä wins contract for electric propulsion systems on two Danish ferries  

Technology group to supply integrated electric systems for Molslinjen's battery-electric catamarans.

Manja Ostertag, Bunker Holding. Bunker Holding executive to address biofuels at Berlin event  

Manja Ostertag will discuss production scaling and supply chain integration at September forum.

Svitzer Ingrid tugboat naming ceremony. Denmark's first electric tug named as Svitzer advances decarbonisation goals  

Svitzer Ingrid said to reduce annual CO₂ emissions by 600-900 tonnes using battery power.


↑  Back to Top