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Bestobell expands Chinese presence

LNG Industry,

Bestobell Marine has strengthened its profile in the Chinese LNG (liquefied natural gas) carrier market, following the award of a contract by Hudong Zhonghua shipyard for six shipsets of its full range of cryogenic cargo globe valves.

The six 174K LNG carriers have been contracted by Sinopec, China Shipping Group and MOL of Japan to ship coal bed LNG from the Gladstone field in Australia back to China.

The ships will be the largest LNG carrier vessels to be built at Hudong shipyard and are due for delivery from 2015 through to 2017. They will also be the first carriers to use GE’s gas turbine engine technology.

Bestobell has supplied its full range of cryogenic valves to the previous four vessels being constructed at Hudong, which are owned by MOL and chartered by ExxonMobil. With this new order, the company will have secured contracts for the ten most recent vessels to be constructed at Hudong shipyard in China.

Chinese profile
The company has recently been investing resources to expand its profile in China, not just for LNG carrier construction, but also for the upcoming boom in the use of LNG as a fuel for domestic vessels, as China seeks to convert its transport economy over to cleaner fuels. Bestobell Marine is well placed to be involved in this market through its experience of supplying cryogenic valves for LNG fuel systems in Europe and America.

Adapted from press release by Katie Woodward

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