Naming Ceremony Held for Two Additional Vessels Set to Ship LNG from Angola
November 14, 2011
Toshiaki Urashima, operating officer of the Marine & Aerospace Business Unit of Mitsui,
Mr. Antonio Orfao, management committee chairman of ALSS,
Ms. Arnalda Vandunem of Sonangol, Ms. Filomena Oliveira of Sonagas,
President Peter Evensen of Teekay Corporation,
Director and managing corporate officer Nagasawa of NYK,
President & CEO In-Sik Roh of Samsung Heavy Industries
On November 1, a naming ceremony was held at the Geoje Island shipyard of Samsung Heavy Industries, Ltd. (Samsung) in Korea for two LNG vessels being built for joint owners NYK LNG (Atlantic) Ltd. (headquarters: London, UK), a wholly owned subsidiary of NYK; Mitsui & Co. Ltd. (headquarters: Chiyoda-ku, Tokyo); and Teekay Corporation (headquarters: Vancouver, Canada). The vessels have been chartered by Angola LNG Supply Services (ALSS; headquarters: Houston, U.S) and will ship the LNG produced by Angola LNG Ltd.
Lobito and Cubal are jointly owned by NYK LNG (Atlantic) (33%), Mitsui (34%), and Teekay (33%). Lobito was completed on October 31, and Cubal will be by January 12, 2012. The vessels are the third and forth of four sister vessels, following the first two sisters, Soyo and Malanje, which were completed in August and September. These four vessels will be used for shipments of LNG from Angola to the global market under 20-year time charters.