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Friday, October 25, 2019 

A naming ceremony has been held at the Ariake Shipyard of Japan Marine United for a new VLGC (very large gas carrier) that NYK will charter under a long-term contract to LPG company Astomos Energy.

The Lily Promenade is the first new NYK-owned VLGC to include an SOx scrubber that is compliant with the IMO 2020 SOx rules. The ship will be about 10% more energy efficient (reducing CO2 emissions per unit of transport), meeting IMO EEDI phase 1 requirements. In addition, energy-saving devices and low-friction paint will make the ship still more fuel-efficient. The ship, which will sail under the Panama flag, is 230m long, 36.6m wide, with cargo tanks of 83,000m3.

Astomos plays an important role in the LPG business field, which is expected to continue to grow as progress is made in oil refineries and gas field development in the Middle East, the United States, the west coast of Canada, and Australia. NYK will continue to expand its LPG fleet and strengthen its LPG transportation service, in addition to reinforcing the close relationship that NYK and Astomos have shared for so many years.

In accordance with its medium-term management plan Staying Ahead 2022 with Digitalisation and Green, the NYK Group seeks to secure stable freight rates through long-term contracts and continue to encourage creative solutions in its efforts to contribute to stable LPG transport services.

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