NYK Signs New LNG Bunkering Partnership MoU

by Ship & Bunker News Team
Friday October 1, 2021

Nippon Yusen Kabushiki Kaisha (NYK) has signed another partnership MoU with a view to exploring LNG bunkering operations in the Setouchi and Kyushu areas of Western Japan.

Along with partners Itochu Enex Co., Ltd. (Itochu), Kyushu Electric Power Company, Incorporated (Kyushu) and Saibu Gas Co., Ltd. (Saibu), the quartet are mulling activities that include marketing LNG to consumers of Kyushu for its LNG-fueled coal carriers that are scheduled to be delivered in fiscal 2023, as well as the building and owning ship-to-ship LNG bunker supply vessels.

NYK has a long held interest in LNG bunkering in Western Japan, having signed a similar coopoeration MoU with Saibu back in 2017.

In 2019 NYK, Kyushu, and Saibu announced an LNG bunkering operation with the Chugoku Electric Power Co. Inc. also Setouchi and Kyushu areas of Western Japan.