BUSINESS > NEWS

Nikkiso CE&IG Partners GTT To Boost LNG-Fuelled Shipping Market

06/09/2024 04:08 PM

KUALA LUMPUR, Sept 6 (Bernama) -- Nikkiso Clean Energy & Industrial Gases Group (CE&IG), part of Nikkiso Co Ltd’s Industrial Business segment, has entered into a partnership with GTT to support the liquefied natural gas (LNG)-fuelled cargo shipping market.

The partnership between Nikkiso CE&IG and GTT brings together cutting-edge engineering and technology for LNG membrane containment and process systems and best-in-class hardware, global manufacturing and technical integration competencies.

“Our partnership with GTT and complementary expertise advances the growth of both companies in the LNG-fuelled shipping market.

“This strength is evidenced by the first large order for 10 container ships, and we expect more awards in the future,” said Nikkiso CE&IG Chief Executive Officer (CEO), Adrian Ridge in a statement.

Meanwhile, GTT CEO, Jean-Baptiste Choimet said: “With GTT’s expertise in reducing boil-off rates through our membrane technology, the Recycool system now provides LNG-fuelled vessels with effective solutions for managing boil-off and lowering their carbon footprint.

“The adoption of Recycool by leading Chinese and Korean shipyards reflects the industry's trust in this solution,” he added.

GTT’s patented Recycool technology ensures boil-off gas (BOG) is recovered and managed safely to avoid unwanted emissions and improve fuel efficiency.

Integrated with Nikkiso’s high-pressure fuel gas pump skids, the partnership provides ship owners with enhanced performance by maintaining reliability, durability and efficiency to give customers a competitive edge in the market.

The value of this partnership has already been recognised by large ship owners with a recent award from a leading shipping operator and numerous projects under negotiation for a variety of ship types.

-- BERNAMA


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