WE Tech receives Shell LNG carrier solutions order
Published by Will Owen,
Editor
LNG Industry,
WE Tech Solutions has received an order for the delivery of its Solution One Economical Operations to a series of eight 174 000 m3 LNG carriers, with the option for another six more.
This LNG carrier series is chartered to energy major Shell LNG, via the owners Knutsen OAS Shipping, J.P.Morgan Asset Management and Korea Line Corporation. The vessels are being built by Hyundai Heavy Industries Co., Ltd. in Ulsan and Hyundai Samho Heavy Industries Co., Ltd in Mokpo, South Korea. The equipment delivery from WE Tech will commence in February 2021.
The delivery package includes two sets of direct drive permanent magnet shaft generators, variable speed frequency drives and dedicated power management system (DPMS). The economical operations solution supplies the vessels electrical power distribution from shaft generators allowing for the auxiliary generators to be stopped. Thus, substantial fuel saving is achieved.
“Environmental sustainability has always been one of the fundamentals in our business development. We are glad to work together with WE Tech Solutions to build the most advanced and eco-friendly LNG carriers,” says Oliver J. Smith, the Project Manager of Knutsen OAS Shipping, “the utilisation of WE Tech’s energy efficient solutions keeps Knutsen the frontrunner in technical innovations as we always strive to be.”
“This is the third order from South Korean shipbuilding for delivering our Economical Operations Solutions to gas carriers since WE Tech stepped into the Korea market in 2019. The previous two orders were for LPG carriers, while this order is the first of many to follow for LNG carriers,” underlines Mårten Storbacka, Managing Director of WE Tech Solutions.
Read the article online at: https://www.lngindustry.com/lng-shipping/01062020/we-tech-receives-shell-lng-carrier-solutions-order/
You might also like
IEEFA: Tidal wave of new LNG supply to flood market amid demand uncertainty
Sluggish demand growth for LNG, combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis.