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HHI opts for more Hamworthy LPG reliquefaction systems

HHI opts for more Hamworthy LPG reliquefaction systems

Seoul: Hyundai Heavy Industries has contracted with Hamworthy plc for the supply of cargo handling engineering and equipment packages for six more mid-sized Liquid Petroleum Gas (LPG) carriers. The packages include reliquefaction systems, deepwell cargo pumps, inert gas systems and engineering of cargo handling and deck tanks. The contracts have a value in excess of £17 million.

The ships will be constructed at HHI's Ulsan shipyard in Korea and equipment deliveries to HHI will take place between August 2008 and January 2010. The packages will be installed on four 35,000 cbm sized ships and two 22,500 cbm sized ships and will be delivered to the Athens-based owners, Prime Marine and Naftomar respectively.

Kelvyn Derrick, chief executive of Hamworthy, said: "This brings our total number of HHI orders for LPG Reliquefaction Systems (LPG-RS) to 19 ship sets since our breakthrough in August 2005. Previous orders for LPG-RS from HHI have been for very large gas carriers.  This is the first time we have had HHI orders for LPG-RS on mid-sized carriers, which is the active segment of the market today. These contracts further strengthen our relationship with HHI which is the leading global shipyard for the construction of LPG carriers."  [16/07/07]