Wärtsilä's industry leading gas handling systems chosen for world's largest ethane carriers
(Thomson Reuters ONE) -
Wärtsilä Corporation, Press release, 13 October 2014 at 10.30 am EET
Six new 87,000 cubic metres capacity very large ethane carriers (VLECs), being
built at the Samsung Heavy Industries yard in South Korea, will feature Wärtsilä
gas handling systems. Wärtsilä is the market leader in cargo handling technology
for gas carriers and has an extensive reference base. The contract was signed in
September. There is an option for additional vessels within this series.
Deliveries of the Wärtsilä solutions will commence in 2016.
These vessels will be the biggest ethane carriers ever built, and represent a
new generation of such vessels mainly transporting ethane as feed stock to the
petrochemical industry. The transportation of ethane is a rapidly growing
segment of the marine gas carrying business and it is anticipated that the
global VLEC fleet will increase significantly during the coming years.
Wärtsilä's leading position in gas handling systems is notably enhanced by this
trend.
The VLECs are being built for the Reliance Group, India's largest private sector
enterprise. The group has businesses in the energy and materials value chain,
including petrochemicals. The new vessels will carry ethane from American shale
gas to India to be processed for making plastic. Delivery of the ships will
commence at the end of 2016 and is scheduled to be completed in early 2017.
Wärtsilä's scope of supply represents a complete cargo handling package for each
ship. This includes the process and arrangement engineering; the deck tank; all
equipment related to the cargo handling; and a purpose-built reliquefaction
plant to handle the C-ethane from the American shale gas.
"This is a valuable order and one that again emphasises Wärtsilä's competences
and experience in gas handling systems. These state-of-the-art ethane carriers
require state-of-the-art gas handling systems. Our technology and know-how in
this field uniquely positions us to offer the most appropriate solutions for
VLEC's, which is an application that is rapidly expanding," says Timo Koponen,
Vice President, Flow and Gas Solutions, Wärtsilä Ship Power.
Wärtsilä is currently the only company able to offer solutions throughout the
entire gas handling chain and to cater for all types of carriers, from the
smallest size LPG carriers for coastal transport to the largest LNG carriers
with the capacity to carry more than 220,000 cubic metres of cargo.
Wärtsilä's cargo handling solutions cover everything from loading the gas at the
terminal to keeping it safe during freight and unloading it at the final
destination. When the cargo is gas, it is of the utmost importance to keep it
under stable conditions at a certain temperature and pressure. Thus, efficient
processing is an essential element of the company's offering. Wärtsilä's
products all comply with the IMO's recommendations and regulations.
Link to image
Caption: Illustration of a very large ethane carrier.
Link to more information about Wärtsilä gas handling systems on wartsila.com
Media contact:
Mr Kjell Ove Ulstein
Business Development Manager
Wärtsilä Oil & Gas Systems AS
Tel: +47 9 162 4073
kjellove.ulstein(at)wartsila.com
Ms Marit Holmlund-Sund
Senior Manager Marketing, Communications, Ship Power
Wärtsilä Corporation
Tel: +358 10 709 1439
marit.holmlund-sund(at)wartsila.com
Wärtsilä in brief:
Wärtsilä is a global leader in complete lifecycle power solutions for the marine
and energy markets. By emphasising technological innovation and total
efficiency, Wärtsilä maximizes the environmental and economic performance of the
vessels and power plants of its customers.
In 2013, Wärtsilä's net sales totalled EUR 4.7 billion with approximately
18,700 employees. The company has operations in more than 200 locations in
nearly 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX
Helsinki, Finland.
www.wartsila.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Wärtsilä Oyj Abp via GlobeNewswire
[HUG#1862419]
Unternehmensinformation / Kurzprofil:
Datum: 13.10.2014 - 09:30 Uhr
Sprache: Deutsch
News-ID 343387
Anzahl Zeichen: 4908
contact information:
Town:
Helsinki
Kategorie:
Business News
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"Wärtsilä's industry leading gas handling systems chosen for world's largest ethane carriers"
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