NYK Invests in UK LNG Company MidOcean Energy

Japanese shipping company NYK has invested in MidOcean Energy, a UK-based liquefied natural gas (LNG) company. The investment will be made through Diamond Gas MidOcean Limited (DGMO), established by Tokyo-based Mitsubishi Corporation in 2023.

The share subscription is subject to competition law approvals and other regulatory requirements from relevant authorities and is expected to be completed between August and September 2026.

This represents NYK's continued expansion along the LNG value chain, following its investments in the Wheatstone LNG Project and the Cameron LNG Project, as well as in LNG-fuelled vessel transportation and LNG bunkering businesses.