The NYK group is one of the World's largest independent owners and managers of Liquid Natural Gas (LNG) vessels. The group currently has ownership in 59 LNG vessels, and confirmed orders which will take the fleet total to 72 vessels by mid-2012; 37 of which will be managed in-house and a further 8 vessels will be managed under joint ventures.
NYK responded to the growing LNG trade in the Atlantic basin and internationally by establishing LNG offices in London and Houston in 2002. This has allowed the group to target the European, African and Americas markets with dedicated staff to offer you a truly global service. Since its inception the division has grown to over 40 people covering all aspects of the trade in marketing, operations, vessel management and finance.
NYK LNG (Atlantic) Limited which changed its name from NYK Bulkship (Europe) Ltd from 1st of August, 2008 is the commercial arm of the division and is responsible for NYK's LNG business mainly west of the Suez Canal to the United States. LNG Atlantic currently commercially operates, manages or has ownership interests in thirteen LNG vessels with another four vessels under construction.
NYK LNG Shipmanagement (UK) Ltd was created in 2006 when the technical management of the group's LNG vessels was moved into a newly formed 100% NYK subsidiary. This new subsidiary was created using the same manuals, standards, systems, procedures and staff that had been built-up with the group since NYK's first LNG vessels were delivered in 1983. The aim of NYK Shipmanagement (UK) Ltd is to allow NYK to better deal with the growing importance of the Atlantic Basin, and to transfer valuable skills and experience into this region.