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NYK Secures Charter Contract with Gaz de France.


Tokyo, Japan, Sept 20, 2006 - (JCN JCN Japan Corporate News
JCN Journal of Cognitive Neuroscience
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JCN joint communications network (US DoD) 
) - Nippon Yusen K.K., better known as NYK NYK New York Knicks
NYK Nippon Yusen Kaisha (shipping company)
NYK Not Yet Known
 Line, has secured a six-year charter contract with Gaz de France Gaz de France (GDF) is a French company which produces, transports and sells natural gas around the world and especially in France which is its main market, but also Belgium, the United Kingdom, Germany and other European countries.  for a newly built liquefied natural gas liquefied natural gas: see under natural gas.
Liquefied natural gas (LNG)

A product of natural gas which consists primarily of methane. Its properties are those of liquid methane, slightly modified by minor constituents.
 (LNG) carrier.

This contract is the second contract with GDF after the 20 years contract with GDF which have made in 2004. Gas de France highly evaluated NYK's long-term performance in safe vessel management as well as its initiatives on the safety and efficiency of LNG carrier operations.

Additionally, NYK holds a 20 percent ownership in Gazocean, a ship management company under the Gaz de France Group, and participates in vessel management. Over the years, both companies have built a close and trustworthy partnership in LNG transportation.

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COPYRIGHT 2006 Japan Corporate News Network K.K.
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Publication:JCNN News Summaries
Date:Sep 20, 2006
Words:129
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