Wärtsilä’s market leading position in cargo handling solutions highlighted with contract for four new LPG carrier vessels

Wärtsilä Corporation, Press release 14 December 2023 at 10:00 UTC+2
  • Wärtsilä will supply the cargo handling and fuel supply system for four new 40,000 m3 gas carrier vessels. © Avance Gas

Technology group Wärtsilä will supply the cargo handling and fuel supply systems for four new 40,000 m3 gas carrier vessels. The ships are being built at the CIMC SinoPacific Offshore & Engineering (SOE) shipyard in China for Norwegian shipowner Avance Gas. The order was booked by Wärtsilä in Q4 2023.

Wärtsilä’s range of complete cargo handling systems for gas tankers are designed to reduce operating costs and improve the vessel’s Energy Efficiency Design Index (EEDI). The award of this contract represents an endorsement of these benefits.

The Wärtsilä LPG Fuel Supply System (LFSS) is an innovative and reliable system that enables the use of LPG as fuel. This increases operational efficiency and supports environmental sustainability.

“We are very familiar with Wärtsilä’s capabilities in gas handling applications, and we are confident that they are the best solution for these new vessels. The global support they can offer through their broad and comprehensive service network is another reason why they were chosen,” said Wenbao Gao, Vice President of CIMC ENRIC, CEO of CIMC SOE.

“Wärtsilä enjoys a very positive relationship with both the SOE shipyard and Avance Gas, which is based on our ability to develop and supply high quality and reliable solutions that feature outstanding performance. We have a market leading position with an unmatched number of excellent references, and this order extends our position even further,” commented Patrick Ha, Sales Manager, Cargo Handling Systems, Wärtsilä Gas Solutions.

These will be the first medium sized LPG carrier vessels built at the SOE yard. The Wärtsilä equipment is scheduled to be delivered in the latter part of 2024, and the ships are expected to be delivered in 2nd half 2025 and onwards.

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

Media contact for more information on this release:

Elin Saure Hasund
Sales & Marketing Coordinator, Gas Solutions
Wärtsilä Marine Systems
Tel: +47 91721144

Image caption: Wärtsilä will supply the cargo handling and fuel supply system for four new 40,000 m3 gas carrier vessels. © Avance Gas

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Wärtsilä Marine Systems in brief:
Wärtsilä Marine Systems supports customers with high quality products and lifecycle services related to the gas value chain, exhaust treatment, shaft line and underwater repair. We are committed to providing the latest and most efficient solutions, in line with Wärtsilä’s vision for a safe and sustainable future for our customers, our communities and our planet.

Wärtsilä in brief
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve their environmental and economic performance. Our dedicated and passionate team of 17,500 professionals in more than 240 locations in 79 countries shape the decarbonisation transformation of our industries across the globe. In 2022, Wärtsilä’s net sales totalled EUR 5.8 billion. Wärtsilä is listed on Nasdaq Helsinki.