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MarketScreener Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Wärtsilä Oyj    WRT1V   FI0009003727

WÄRTSILÄ OYJ

(WRT1V)
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Wärtsilä Oyj : World's first LPG-fuelled VLGC now undergoing sea trials with Wärtsilä fuel system

11/04/2020 | 07:06am EST

Sea and gas trials for a Very Large Gas Carrier (VLGC) featuring the technology group Wärtsilä's pioneering liquefied petroleum gas (LPG) Fuel Supply System are successfully completed. The 'BW Gemini', owned and operated by BW LPG a company registered at Oslo stock exchange, is the world's first VLGC to be fuelled by LPG. The use of LPG as fuel reduces emissions of sulphur oxides (SOx) by some 97 percent, and is viewed as being an important step towards the decarbonisation of shipping. The sea trials commenced on October 20, 2020.

The 'BW Gemini' was built in 2015 and was retrofitted this year with Wärtsilä's ground-breaking LPG Fuel Supply technology. Wärtsilä was designated as the system integrator for the conversion project. This is the first of 12 BW LPG ships to be retrofitted for operating on LPG fuel with the Wärtsilä system.

'LPG is powering this vessel while protecting the environment, and we look forward to demonstrating its benefits to the industry as shipping prepares for a future with zero-carbon propulsion. BW LPG thanks Wärtsilä for its collaboration on this industry-leading innovation, and for sharing our vision of achieving sustainability through cleaner energy,' says Pontus Berg, Executive Vice President, Technical and Operation.

'World firsts are always exciting and we congratulate BW LPG on their commitment to pursuing the adoption of LPG as a long-term viable and sustainable marine fuel. The project highlights once again Wärtsilä's leading position in bringing innovative fuel gas solutions, along with the customer benefits they offer, to the market,' says Kjell Ove Ulstein, Director of Sales and Marketing at Wärtsilä.

The Wärtsilä scope included the system engineering, the ship design for the conversion project, two 930 m3 fuel tanks with the pumps and fuel system, the pump skids, and the cargo handling system.

The Wärtsilä LPG Fuel Supply System is available as a stand-alone solution, or as an integrated element within the LPG cargo handling system.

Wärtsilä Gas Solutionsis a market leader with innovative systems and lifecycle solutions for the gas value chain. Our main focus areas are handling of gas in seaborne transport (storage, fuel, transfer and BOG management), gas to power, liquefaction and biogas solutions. We help our customers on the journey towards a sustainable future through focus on lifecycle, innovation and digitalization.

Media contacts for more information on this release:

Mrs Elin Saure Hasund
Sales & Marketing Coordinator, Gas Solutions
Wärtsilä Marine Systems
Tel: +47 91721144
Elin.saurehasund@wartsila.com
Peter Zürcher
Project Manager, Cargo & Fuel Systems, Gas Solutions
Wärtsilä Marine Systems
Tel.+47 46975311
Peter.zurcher@wartsila.com

Image caption: BW Gemini © BWLPG

All Wärtsilä releases are available at https://www.wartsila.com/media/news-releasesand at http://news.cision.com/wartsila-corporationwhere also the images can be downloaded.

Wärtsilä Marine Systems in brief:
Wärtsilä Marine Systems offers high-quality products, solutions, and lifecycle services related to the gas value chain, exhaust treatment applications, seals & bearings, shaftline repair services, underwater services, and marine electrical integrations. Our aim is to provide the latest and most efficient solutions in line with Wärtsilä's Smart Marine Ecosystem vision for a safer, better, and more sustainable future for our customers.
www.wartsila.com/marine

Wärtsilä in brief:
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2019, Wärtsilä's net sales totalled EUR 5.2 billion with approximately 19,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com

Disclaimer

Wärtsilä Oyj published this content on 04 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2020 12:05:09 UTC


© Publicnow 2020
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