Time Charter News

NYK Bulkship (Asia) Pte. Ltd. (“NBAsia”), a Singapore-based company of the NYK Group, has concluded a time-charter contract with JERA Co., Inc. for two very large gas carriers (VLGCs)* from NBAsia to JERA. The contract follows continued discussions and evaluations conducted under a memorandum of understanding signed in 2022 and heads of agreements reached in December 2025.The two VLGCs covered by the Contract are expected to transport low‑carbon ammonia produced in the U.S. state of Louisiana to JERA’s Hekinan Thermal Power Station (Hekinan City, Aichi Prefecture).