Wartsila has secured two additional orders from Hyundai Mipo Dockyard for its liquefied natural gas (LNG) cargo handling and fuel system.

The solutions will be installed onboard two LNG bunkering vessels that are currently being constructed at the yard.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The yard is building the 18,000cbm capacity vessels for South Korea-based firms Pan Ocean and Korea Line LNG.

The company received the orders from the yard in May.

The equipment is expected to be supplied during the first half of 2022.

The scope of the order covers the system engineering and design, the boil-off gas (BOG) management control, with an integrated fuel supply system, and the custody transfer system.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Wartsila gas solutions sales manager Harald Øverland said: “We see an increasing adoption of LNG as fuel, and we are very pleased to have been selected for this project, which allows us to continue our role in developing the LNG infrastructure throughout all regions.

“Our unrivalled experience and market-leading position in the small-scale LNG segment and LNG bunkering designs was a key factor in securing these new orders.”

The shipping industry is witnessing an increase in the demand for specialised LNG bunkering vessels, triggered by the rise in the usage of LNG as a green fuel.

Recently, Wartsila secured an order to deliver its main engines and LNG fuel gas supply systems for two new LNG-fuelled escort tugs.

These tugs are being constructed for Canadian HaiSea Marine, a joint venture between the Haisla Nation and Seaspan Marine Transportation.