GDF Suez, Mitsubishi, and NYK Sign Agreement Related to LNG Bunkering
GDF Suez, Mitsubishi Corp., and Nippon Yusen Kaisha (NYK) signed a framework agreement related to the development of an LNG bunkering vessel and an LNG bunkering supply contract between GDF Suez and United European Car Carriers. Under the agreement, NYK will operate an LNG bunkering vessel to be built in South Korea and delivered by 2016. The LNG bunkering vessel will transport LNG and will be capable of ship-to-ship transfers of LNG. The announcement of the agreement can be viewed here.