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Wärtsilä re-liquefaction plants again the choice for LNG Carriers

ID: 1519393
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(Thomson Reuters ONE) -

Wärtsilä Corporation, Press release, 31 August 2017 at 1.30 pm EET

The technology company Wärtsilä has been awarded the contracts to supply its re-
liquefaction plants to three new LNG carriers currently under construction. One
ship is being built at the Samsung Heavy Industries (SHI) yard in South Korea
for the international owner and operator Gaslog. The others are for Norway based
Knutsen and are being built at the Hyundai Heavy Industries (HHI) yard in South
Korea. The order was booked for the Gaslog ship in April 2017 and for the
Knutsen ships in May/June 2017.

The re-liquefaction plant ordered for these vessels features Wärtsilä''s latest
mixed refrigerant (MR) technology, an energy efficient solution for smaller
liquefaction applications. This new installation will have a capacity of 1.5 -
2.5 tons/hour (t/h). The Wärtsilä equipment is scheduled for delivery commencing
February 2018.

"We are proud of the success of Wärtsilä''s advanced re-liquefaction plants based
on MR technology, and this success is reflected in these latest orders. Wärtsilä
is a total LNG solutions provider with products, systems, and solutions for
applications throughout the entire value chain," says Timo Koponen, Vice
President, Flow & Gas Solutions at Wärtsilä Marine Solutions.

Gaslog has been a customer of Wärtsilä for many years and several ships in its
fleet are fitted with Wärtsilä solutions. Knutsen''s two latest vessels delivered
in 2016 are fitted with Wärtsilä''s nitrogen based re-liquefaction plants.

Link to image
Caption: A 3D model of a typical deckhouse for a 2,5 T/H MR reliquefaction

Media contacts:

Mr Reidar Strande
General Manager, LNG
Wärtsilä Marine Solutions
Tel: +47 81548500

Ms Marit Holmlund-Sund
Senior Manager Marketing, Communications, Marine Solutions

Wärtsilä Corporation
Tel: +358 10 709 1439

Wärtsilä in brief:
Wärtsilä is a global leader in advanced technologies and complete lifecycle
solutions for the marine and energy markets. By emphasising sustainable
innovation and total efficiency, Wärtsilä maximises the environmental and
economic performance of the vessels and power plants of its customers. In 2016,
Wärtsilä''s net sales totalled EUR 4.8 billion with approximately 18,000
employees. The company has operations in over 200 locations in more than 70
countries around the world. Wärtsilä is listed on Nasdaq Helsinki.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Wärtsilä Oyj Abp via GlobeNewswire

More information: http://www.enghouseinter

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Date: 08/31/2017 - 12:30
Language: English
News-ID 1519393
Character count: 2232
Firma: Wärtsilä Oyj Abp
Ansprechpartner: Feedback to about Pressrelease-id:
Stadt: Helsinki


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