Tanker Transport (Petroleum, Chemical and LPG Transport)
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Tanker Transport (Petroleum, Chemical and LPG Transport)
Providing transportation services based on consideration for the environment and safety
Tanker Transport (Petroleum, Chemical and LPG Transport) division operates very large crude carriers (VLCCs) and Aframax tankers that transport crude oil; product tankers that carry petroleum products; chemical tankers that transport chemical products and other liquid chemical products; and LPG tankers that carry LPG and ammonia. The division provides transport service for major petroleum companies, petrochemical companies, and energy companies around the world.
Most of the vessels in our fleet of VLCCs operate under long-term contracts with specific customers, such as major oil companies from Japan and many other countries, which results in a highly stable profit structure. LPG tankers and chemical tankers also provide stable earnings under long-term contracts. Product tankers* and Aframax tankers** have been affected by market changes, but fleet expansion is aimed to accommodate anticipated demand.
The division is implementing thorough measures to ensure safety in vessel operations. With the introduction of the NYK Group's NAV9000 safety standards, safety in vessel operations is being continually supported. The implementation of safety standards is periodically audited, and necessary improvements are administered as needed. In addition, the transition to double-hull vessels has been completed, and environmental-contamination countermeasures are prepared in case of any unanticipated accidents. These initiatives, based on consideration for the environment and safety, have been highly evaluated by our customers.
* Product tankers
These tankers transport petroleum products, such as gasoline, naphtha, gas oil, kerosene, and jet fuel, and are divided into the following categories: MR (medium range, 25,000–55,000 DWT), LR (large range, more than 55,000 DWT), and LRII (large range II, more than 80,000 DWT)
** Aframax tankers
AFRA stands for "average freight-rate assessment" (a rate indicator created by the London Tanker Brokers' Panel); Aframax tankers 80,000–120,000 DWT crude carriers
Crude oil tankers
The NYK Group's 34 VLCCs make up one of the world's largest fleet of crude oil tankers.
As of March, 2012
No. of vessels in operation |
DWT |
Contact |
||
|---|---|---|---|---|
VLCC |
34 |
10,061,077(K/T) |
Petroleum Group |
+81-3-3284-5946 |
AFRAMAX |
5 |
568,761(K/T) |
NYK Bulkship (Asia) Pte. Ltd. |
+65-6290-5249 |
Source: Fiscal 2011 Financial Highlights “Fleet in Operation as of Fiscal Year-End”
Product tankers / Chemical tankers
We are operating more than 28 vessels for product and more than 9 vessels for chemical.
As of March, 2012
No. of vessels in operation |
DWT |
Contact |
||
|---|---|---|---|---|
LRII |
5 |
500,059(K/T) |
Chemical and LPG Group |
+65-3284-5291 |
MR |
23 |
1,089,519(K/T) |
NYK Bulkship (Asia) Pre. Ltd. |
+65-6290-2695 |
Chemical Tanker |
9 |
273,859(K/T) |
Chemical and LPG Group |
+81-3-3284-6278 |
Source: Fiscal 2011 Financial Highlights “Fleet in Operation as of Fiscal Year-End”
LPG carriers
The NYK Group's 10 VLGC for LPG and 1 vessel for ammonia make up one of the world's largest fleet.
As of March, 2012
No. of vessels in operation |
DWT |
Contact |
||
|---|---|---|---|---|
LPG Carrier |
10 |
491,077(K/T) |
Chemical and LPG Group |
+81-3-3284-5395 |
Ammonia Carrier |
1 |
26,776(K/T) |
Chemical and LPG Group |
+81-3-3284-5395 |
Source: Fiscal 2011 Financial Highlights “Fleet in Operation as of Fiscal Year-End”