LNG Carrier Chartered by UK-Japan Partners

Press Release
Tuesday, April 02, 2013

London-based NYK subsidiary NYK Energy Transport (Atlantic) & GDF Suez time charter the LNG carrier 'Grace Barleiria' for 4 years.

Grace Barleiria has been operated by NYK since her delivery in 2007. She has a capacity of 149,700 m3 and is equipped with GTT's Mark III technology.

NYK and GDF SUEZ say that they regularly assess new business opportunities and cooperate in shipping activities: co-ownership of the LNG carrier Gaselys (60% NYK, 40% GDF SUEZ), co-ownership of the ship management company Gazocean (80% GDF SUEZ, 20% NYK), and the chartering of the Grace Cosmos and the Grace Acacia, sister-ships of the Grace Barleria.

NYK has been involved in LNG shipping since 1983 and has grown to become one of the largest independent owner/operators of LNG carriers, with a fleet of 68 LNG vessels of which it manages 38 through various subsidiary ship management companies. NYK Energy Transport (Atlantic) Ltd is responsible for NYK’s LNG and other energy related shipping activities for utilities, national and international energy companies and traders in the region West of Suez.

GDF SUEZ has a 40% stake in Gaztransport & Technigaz (GTT), which designs on-board LNG cargo containment systems, such as the Mark III system installed on the Grace Barleria and develops “membrane” LNG tank insulation techniques

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