Abstract A new boil-off gas (BOG) re-liquefaction system for LNG carriers has been proposed to improve the system energy efficiency. Two cascade mixed refrigerant cycles (or dual mixed refrigerant cycle, DMR) are used to provide the cooling capacity for the re-liquefaction of BOG. The performance of the new system is analysed on the basis of the thermodynamic data obtained in the process simulation in Aspen HYSYS software. The results show that the power consumed in the BOG compressor and the high-temperature mixed refrigerant compressor could be saved greatly due to the reduced mass flow rates of the processed fluids. Assuming the re-liquefaction capacity of the investigated system is 4557.6 kg/h, it is found that the total power consumption can be reduced by 25%, from 3444 kW in the existing system to 2585.8 kW in the proposed system. The coefficient of performance (COP) of 0.25, exergy efficiency of 41.3% and the specific energy consumption (SEC) of 0.589 kWh/kg(LNG) could be achieved in the new system. It exhibits 33% of improvement in the COP and exergy efficiency in comparison with the corresponding values of the existing system. It indicates that employing the DMR based BOG re-liquefaction system could improve the system energy efficiency of LNG carriers substantially.