Wärtsilä Hamworthy wins Hyundai Mipo contract for Exmar vessels

Wärtsilä Corporation, Press release 19 September 2012 at 14:00 UTC+2

Wärtsilä Hamworthy has won a contract with Hyundai Mipo Dockyard to supply cargo handling equipment and engineering to four medium size carriers for Antwerp–headquartered Exmar Shipping SA.

Each of the 38,000 m³ capacity vessels will be delivered from the first quarter of 2014 onwards. All will feature Hyundai Mipo’s newly developed design which has seen capacity increased by 3,000 m³ to strengthen competitiveness in the international marketplace.

The new design includes an improved hull shape to minimise resistance in water and optimise fuel consumption. The engine room and deck will be designed so that it can use LNG or LPG as fuel to reduce CO2, SOx and NOx air emissions.

Wärtsilä Hamworthy’s scope of supply will include cargo related engineering including deck tank engineering, reliquefaction plant, Wärtsilä Moss inert gas generator, Wärtsilä Svanehøj cargo pumps, cargo heater and vaporiser, cargo control system, supervision and commissioning. All equipment and engineering services will be delivered in 2013.

Exmar said the addition of the vessels into its fleet will strengthen the company's existing midsize LPG sector as these vessels can transport both ammonia and LPG. The contract will bring to 13 the number of gas carriers in the Exmar LPG fleet to feature Wärtsilä Hamworthy cargo handling engineering and equipment.

For further information, please contact:

Karina McCormack
Marketing Manager
Wärtsilä Hamworthy Ltd
Tel. +44 (0)1202 662636
kmccormack@hamworthy.com  

Notes to editors.

On 31st January 2012, Hamworthy was acquired by Wärtsilä Corporation. The official name is now Wärtsilä Hamworthy Ltd.

Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2011, Wärtsilä’s net sales totalled EUR 4.2 billion with approximately 18,000 employees. The company has operations in nearly 170 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.www.wartsila.com