Wärtsilä, GTT ink cooperation agreement on LNG technology

Wärtsilä, and GTT finalised a cooperation agreement at Marintec China which aims to explore potential business opportunities in the marine sector in relation to LNG storage, fuel gas supply systems, and associated services that will benefit both shipyards and vessel owners.  

With long and successful track records, Wärtsilä and GTT will respectively leverage on their gas carrier process expertise and extensive capabilities in developing cryogenic membrane containment solutions to collaborate and propose solutions that optimise on board LNG fuel gas storage and operations.

The agreement focuses on working specifically on medium to large-size segments and configurations where space optimisation is key.

Shipyards will benefit from this collaboration in that they are offered a ready-made solution, meeting new market requirements. The mechanical and process system interfacing between the LNG fuel storage tank and the engines can be designed within a single unified system philosophy, resulting in reduced project risk, procurement cost and time savings through having access to one-stop solutions.

Timo Koponen, vp for Flow & Gas Solutions, Wärtsilä Marine Solutions said: “We are delighted to be partnering with GTT, a company which is known for its high quality products. This cooperation agreement is part of Wärtsilä Gas Solution’s strategy of ‘forming the future of gas’, aimed at making a solid contribution to increased sustainability and greater operational efficiency for gas-fuelled vessels.”  

 GTT chairman and ceo Philippe Berterottière said: “This cooperation between both companies clearly makes great sense. The industry at large has to find means to speed-up the deployment of LNG-as-a-fuel solutions.”

Posted 06 December 2017

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Vincent Wee

Hong Kong and SE Asia Correspondent, Seatrade Maritime News

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