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On April 30, NYK concluded a basic agreement on a time-charter contract for two new liquefied natural gas (LNG) carriers with Diamond Gas International Pte. Ltd.* NYK also concluded a contract with MI LNG Company Limited** (head office: Tokyo; president: Haruhiko Omi) for the construction of the LNG carriers.

These new ships will be delivered in 2018 and assigned to transport LNG for the Cameron LNG Project in the U.S. state of Louisiana which Mitsubishi Corporation (head office: Tokyo; president and CEO: Ken Kobayashi) under the ship management by NYK.

The new vessels will have apple-shaped tanks as part of the Sayaringo series of tanks, which have greater LNG-carrying capacity. These next-generation carriers will also have a structure that reduces ship weight and air resistance, in addition to a hybrid propulsion system combining a steam turbine and engines that can be fired by gas (STaGE; Steam Turbine and Gas Engines), resulting in dramatic cuts in fuel consumption and CO2 emissions.

In accordance with its “More Than Shipping 2018” medium-term management plan, NYK will continue its efforts to be a part of stable and economical LNG transport services.

* Diamond Gas International Pte. Ltd.

A Singapore-based wholly owned subsidiary of the Mitsubishi Corporation. 

**MI LNG Company Limited

A joint venture established in April 2013 by Mitsubishi Heavy Industries Ltd. (equity ownership 51%) and Imabari Shipbuilding Co. Ltd. (49%) for designing and marketing new LNG carriers.

Outline of LNG Carriers


Cargo   tank capacity:

about   165,000 cubic meters


Gross   tonnage:

about   146,200 tons


Length   overall:

about   293.5 meters



48.94   meters


Main   engine:

STaGE   (Steam Turbine and Gas Engines)



19.5   knots



Nagasaki Shipyard   & Machinery Works, Mitsubishi Heavy Industries Ltd.



2018   (scheduled)




In response to the earthquake that occurred in Nepal on April 25, the NYK Group has started to collect and match donations from executives and employees throughout the group to aid those affected. NYK has deep compassion for those harmed by this natural disaster.

In 2004, the NYK Group established the NYK Group–JPF Joint Aid Supplies Transportation Projects with Japan Platform (JPF)* to support the quick recovery of areas impacted by disasters, and the group has since provided free ocean transport when requested by JPF.

NYK offers its wishes for a quick recovery.

*Japan Platform (JPF)

An international humanitarian assistance organization founded to provide quick and effective emergency relief during natural disasters and refugee situations. JPF activities are carried out in partnership with NGOs, the Japanese government, and the business community, all working together to draw on the resources and unique features of each sector. Website:

Baltic Reefers has acquired NYKCool AB from NYK Reefers Ltd. 

NYKCool has its headquarters in Stockholm, Sweden and overseas representations in Chile, New Zealand, South Africa and USA. The company operates a fleet of 25 vessels trading worldwide.

NYKCool will change name to Cool Carriers AB and will continue to handle the commercial operation of the entire fleet.  Baltic Reefers will take over as from Sep 1, 2014. 

Mr. Boris Gersling, CEO of NYKCool / Cool Carriers, heading a team of dedicated specialists in Stockholm as well as its overseas representations, says: “Cool Carriers will continue its commercial operation unchanged and operate independently from Baltic Reefers. The new ownership situation, with an owner focusing on the specialized reefer segment, gives Cool Carriers a good opportunity to further prosper in this segment.”

Mr. Boris Gersling, CEO in the company since 2009 will continue in his position as will the rest of the team.
“In short it´s business as usual, but under new ownership”, Mr. Gersling concludes.
For more information:
Mr. Boris Gersling, CEO of NYKCool and from Sep 1, 2014 of Cool Carriers
+ 46 8 753 9000