New LNG Carrier Named Diamond Gas Orchid
-- First Sayaringo STaGE Next-generation LNG Carrier --
April 18, 2018
From left,
sixth; Hidenori Takaoka, executive vice president of MC
fourth; Akira Kono, NYK Managing Corporate Officer
Today, a naming ceremony was held at the Nagasaki Shipyard of Mitsubishi Heavy Industries Ltd. for a new liquefied natural gas (LNG) carrier owned by a joint venture company* co-owned by NYK and Mitsubishi Corporation (MC). The joint venture has a long-term time-charter contract with Diamond Gas International Pte. Ltd., a wholly owned subsidiary of MC located in Singapore.
At the ceremony, the ship was named “Diamond Gas Orchid” by Hidenori Takaoka, executive vice president of Mitsubishi Corporation, and the ceremonial rope holding the vessel in place was cut by Mr. Takaoka’s wife. After delivery on June 29, 2018, the ship will begin to transport LNG from the U.S. state of Louisiana for the Cameron LNG project, in which NYK and MC both have a stake, as well as from other locations around the world. The NYK Group will be responsible for ship management.
At the ceremony, the ship was named “Diamond Gas Orchid” by Hidenori Takaoka, executive vice president of Mitsubishi Corporation, and the ceremonial rope holding the vessel in place was cut by Mr. Takaoka’s wife. After delivery on June 29, 2018, the ship will begin to transport LNG from the U.S. state of Louisiana for the Cameron LNG project, in which NYK and MC both have a stake, as well as from other locations around the world. The NYK Group will be responsible for ship management.
Next-generation LNG carrier,
Sayaringo STaGE〝Diamond Gas Orchid"
The new LNG vessel is a Sayaringo STaGE next-generation LNG carrier, which has a continuous steel cover that reduces ship weight and air resistance while increasing LNG-carrying capacity. The name “Sayaringo” is derived from the fact that the upper semi-sphere of the tank is larger than the lower semi-sphere, resembling the shape of an apple (“ringo” in Japanese) covered by a pod of a pea (“saya” in Japanese). In addition, the ship is equipped with a hybrid propulsion system named STaGE (Steam Turbine and Gas Engines), a highly efficient reheating steam-type marine turbine, and a dual-fuel diesel engine capable of operating on both gas and oil, which creates a highly fuel efficient propulsion system. Diamond Gas Orchid is the first Sayaringo STaGE vessel to have both the next-generation LNG cargo tank structure and propulsion system.
In accordance with its new medium-term management plan “Staying Ahead 2022 with Digitalization and Green,” the NYK Group seeks to secure stable freight rates through long-term contracts and continue its efforts to contribute to a stable supply of LNG as an environment-friendly energy.
* Joint venture company
Diamond LNG Shipping 1 Pte. Ltd., equally owned by NYK and MC for LNG vessel ownership and LNG transportation.
- Outline of Diamond Gas Orchid
Length overall: 293.5 meters
Breadth: 48.94 meters
Gross tonnage: 144,828 tons
Main engine: STaGE (Steam Turbine and Gas Engines)
Cargo tank capacity: 165,000 cubic meters
Shipbuilder: Mitsubishi Shipbuilding Co. Ltd.
Flag: Bahamas
- Mitsubishi Corporation
Head office: Tokyo
President and Chief Executive Officer: Takehiko Kakiuchi
Website: https://www.mitsubishicorp.com/jp/ja/
- Reference
Announcement on May 14, 2015, “NYK Concludes Time-charter Contract for Two New LNG Carriers for Cameron LNG Project,” http://www.nyk.com/english/release/3710/003898.html
Announcement on August 7, 2014, “Final Investment Decision Reached on Cameron LNG Project,” http://www.nyk.com/english/release/3132/003411.html
Announcement on May 17, 2013, “NYK Establishes Consortium for Cameron LNG Project,”
http://www.nyk.com/english/release/2446/002625.html
In accordance with its new medium-term management plan “Staying Ahead 2022 with Digitalization and Green,” the NYK Group seeks to secure stable freight rates through long-term contracts and continue its efforts to contribute to a stable supply of LNG as an environment-friendly energy.
* Joint venture company
Diamond LNG Shipping 1 Pte. Ltd., equally owned by NYK and MC for LNG vessel ownership and LNG transportation.
- Outline of Diamond Gas Orchid
Length overall: 293.5 meters
Breadth: 48.94 meters
Gross tonnage: 144,828 tons
Main engine: STaGE (Steam Turbine and Gas Engines)
Cargo tank capacity: 165,000 cubic meters
Shipbuilder: Mitsubishi Shipbuilding Co. Ltd.
Flag: Bahamas
- Mitsubishi Corporation
Head office: Tokyo
President and Chief Executive Officer: Takehiko Kakiuchi
Website: https://www.mitsubishicorp.com/jp/ja/
- Reference
Announcement on May 14, 2015, “NYK Concludes Time-charter Contract for Two New LNG Carriers for Cameron LNG Project,” http://www.nyk.com/english/release/3710/003898.html
Announcement on August 7, 2014, “Final Investment Decision Reached on Cameron LNG Project,” http://www.nyk.com/english/release/3132/003411.html
Announcement on May 17, 2013, “NYK Establishes Consortium for Cameron LNG Project,”
http://www.nyk.com/english/release/2446/002625.html
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