Photo: Illustration only; Courtesy of NYK

France LNG Shipping signs LNGC charter deal with EDF

French ship-owning company France LNG Shipping has signed a long-term charter deal for a new LNG carrier with EDF LNG Shipping, a subsidiary of Electricité de France.

France LNG Shipping signs LNGC charter deal with EDF
Illustration only; Courtesy of NYK

France LNG Shipping is jointly owned by Japanese shipping major NYK Line and France’s Geogas LNG. Now it signed the long-term charter agreement with Electricité de France (EDF), or, specifically, its subsidiary for LNG transportation, for the new LNGC.

This new vessel will have 174,000-cubic metres LNG capacity. Its construction will take place at the South Korean shipyard Hyundai Samho Heavy Industries.

The vessel will feature WinGD-manufactured, dual-fuel slow-speed diesel engines propulsion.

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It will also incorporate Air Liquide’s Turbo-Brayton refrigeration system that can tap surplus boil-off gas. Made by GTT, the membrane-type tank will comprise advanced insulating materials that reduce the vaporization rate. To remind, the GTT’s Mark III membrane system is a cryogenic liner that stores LNG at near atmospheric pressure.

HSHI will deliver the new LNG carrier in 2025.

Last year, NYK released the ‘NYK Group ESG Story‘. This is a guideline that details concrete efforts to integrate environmental, social, and governance into the management strategies of the group. It also aims to promote activities that contribute to the achievement of sustainable development goals through business activities.