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NYK signs LNG charter contract with Gaz de France

NYK signs LNG charter contract with Gaz de France

   NYK has secured a six-year charter contract with gas company Gaz de France, starting May 2008, for a newly built liquefied natural gas carrier. Financial details were not disclosed.

   The French government now controls 80 percent of the shares in Gaz de France, which was formerly completely state-owned. NYK holds a 20 percent ownership in Gazocean, a ship management company that is part of Gaz de France.