Bestobell secures DSME LNG valve order

Bestobell Marine has secured a new order for its cryogenic globe, check and float level isolation valves (FLIV) with Daewoo Shipbuilding & Marine Engineering (DSME).

DSME has ordered a complete ship set of globe and check cargo valves to furnish one of 16 170,000 m³ ARC7 ice-class LNG carriers currently under construction at the company’s headquarters in South Korea. The vessels are owned by a consortium of Sovcomflot, Teekay and Mitsui OSK Line (MOL) and will service Russia’s 5.5 million tpa Yamal LNG project.

The deal could represent multimillions of dollars if DSME decide to progress with the installation of Bestobell’s valves for all 16 vessels, according to Bestobell. “Bestobell is well placed to secure contracts with DSME to supply the cryogenic globe and check valves for all 16 vessels,” a statement from the company read.

“Game-changer”

Mark Henley, Managing Director for Bestobell, said: “This order has the potential to be a major game-changer for us and will see us significantly increase the Bestobell Marine side of the business in the future. Russia is a relatively new area for Bestobell Marine, but one where we see huge potential in developing new business opportunities using our expertise in valves for LNG carriers.”

Bestobell Marine will provide globe and check valves in sizes DN25, up to DN350, for the cargo containment system onboard the LNG carrier, and the company’s FLIV for the secondary float measurement system.

In February, Bestobell secured an order from DSME for fives shipsets of valves to be installed on an 173K LNG carrier currently under construction for Teekay LNG.

Adapted from press release by Ted Monroe

Read the article online at: https://www.lngindustry.com/lng-shipping/27052014/bestobell_lng_valves_to_be_fitted_to_lng_ice-class_carrier_by_dsme/