NYK said on Thursday that the partners signed multiple charter agreements with Cheniere Marketing International, but did not provide the number of vessels.
South Korea’s HD Hyundai Heavy Industries will build the LNG carriers and deliver them from 2028.
The vessels will be the first LNG carriers NYK has chartered under a long-term time charter contract with Cheniere.
Moreover, NYK said the 294.8-meter-long vessels will be equipped with a next-generation X-DF2.1 iCER, VCR system, dual-fuel, low-speed diesel engine that uses fuel oil and boil-off gas for the main engine, and a reliquefaction system that can use surplus boil-off gas effectively.
The vessels will have a 200,000 cbm capacity membrane-type tank equipped with GTT’s Mark III Flex+ system, it said.
Up to eight LNG carriers
Last month, HD Hyundai Heavy Industries won a contract to build four LNG carriers worth approximately $1.04 billion.
HD Korea Shipbuilding & Offshore Engineering said its unit, HD Hyundai Heavy, will build four 200,000-cbm LNG tankers for an owner in the Americas and deliver them by March 2029.
Shipbuilding sources said at the time that this order is most likely from NYK and Ocean Yield, while the charterer is Cheniere.
In December 2025, Ocean Yield announced that it had agreed to co-invest alongside NYK in four LNG carriers, which will be built in South Korea.
Ocean Yield said the vessels are scheduled for delivery in 2028 and 2029.
Upon delivery, each vessel will commence long-term time charters to an “investment grade-rated major energy company,” Ocean Yield said.
In addition, the charterer is also granted options that may increase the size of the investment to eight vessels, according to Ocean Yield.
