NYK to Build 2 Double-Hull VLCCs
February 19, 2004
NYK has decided to build two 300,000-DWT double-hull VLCCs (Very Large Crude oil Carriers) as follows:
| (1) | Deadweight Tonnage (DWT) | : | 300,000 mt |
| Gross Tonnage (G/T) | : | 160,400 tons | |
| Length Overall | : | 333 m | |
| Breadth Extreme | : | 60 m | |
| To Be Built at | : | Mitsubishi Heavy Industries, Ltd. | |
| Date of Completion | : | 2nd half of 2006 | |
| (2) | Deadweight Tonnage (DWT) | : | 300,000 mt |
| Gross Tonnage (G/T) | : | 160,000 tons | |
| Length Overall | : | 333 m | |
| Breadth Extreme | : | 60 m | |
| To Be Built at | : | IHI Marine United Inc. | |
| Date of Completion | : | 1st quarter of 2007 |
Earlier, NYK decided to adopt a double-hull fuel tank for a VLCC, scheduled for completion in December 2005, from a viewpoint of protecting the marine environment. This policy also applies to the above-mentioned two newbuildings. Like the previous newbuilding, the width between the outside hull and the inner wall of the fuel tank is 2 meters - the same as is the case with cargo tanks - in order to enhance the effectiveness of the double-hull structure.
NYK's new VLCCs to be built from 2004 now number 11, including the following nine already on order:
Date of Completion |
Shipyards | Contract with | |
| June 2004 | Mitsubishi Heavy Industries, Ltd. | Fuji Oil Co. Ltd. | |
| July 2004 | Universal Shipbuilding Corporation |
Nippon Oil Corporation | |
| *1 |
September 2004 | IHI Marine United Inc. | Cosmo Oil Co., Ltd. |
| November 2004 | Imabari Shipbuilding Co., Ltd. | Showa Shell Sekiyu K.K. |
|
| *2 |
February 2005 | IHI Marine United Inc. | Cosmo Oil Co., Ltd. |
| March 2005 | Imabari Shipbuilding Co., Ltd. | Free | |
| March 2005 | Mitsubishi Heavy Industries, Ltd. | Free | |
| *1 |
July 2005 | Universal Shipbuilding Corporation | Cosmo Oil Co., Ltd. |
| December 2005 | IHI Marine United Inc. | Kyushu Oil Corp. |
| Note: | *1 | To be co-owned with Kyoei Tanker Co., Ltd. |
| *2 | To be co-owned with Shinwa Kaiun Kaisha, Ltd. |
NYK has put up the shift of its VLCC fleet to the double-hull structure as one of the targets of its "Environment Action Plan" for the protection of the marine environment. NYK is thus pushing ahead with the construction of double-hull VLCCs in order to have completed the shift of its VLCC fleet to a complete double-hull structure by the end of 2007.
The completion of the above-mentioned VLCCs now on order will boost the number of NYK's double-hull VLCCs to 27 by the end of the first quarter of 2007, accounting for more than 90 percent of NYK's VLCC fleet.

