NYK Enters Partnership Agreement with Kyushu Electric Power

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June 29, 2017 – NYK and Kyushu Electric Power Co. Inc. have agreed to partner in various fields such as liquefied natural gas (LNG) transport.

The agreement will allow Kyushu Electric Power to consider using ships in the NYK fleet for short-term demands of LNG transport, enabling NYK to improve its profitability through efficient vessel allocation and Kyushu Electric Power to improve its flexibility in LNG transport.

NYK and Kyushu Electric Power will also consider the feasibility of cooperation in complementary businesses (e.g., LNG bunkering) involving LNG supply and marine business. This agreement is based on the trusting relationship that both companies have built in the energy transport field over the years.

Read more at www.nyk.com

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