Page 12 - GLNG Week 43 2021

GLNG NEWS IN BRIEF GLNG

commitment towards a decarbonized world. In terms of innovation, GTT is pursuing creates a high level of interaction with the
I am confident that our commitment to its roadmap with new approvals in principle ship’s other onboard systems. The installation
deliver LNG as a marine fuel, will accelerate by classification societies concerning notably will be connected to the existing 690 volt
the transition to LNG fuel as a competitive, LNG as fuel technology. main switchboard. The engines in operation
environmentally efficient and immediately From a financial standpoint, revenues may run at up to 95% maximum continuous
available solution for the maritime industry,” for the first nine months of 2021 are in line rating (MCR) without risk of overloading or
said Kenta Matsuzaka, senior managing with our expectations. They are down 21% black-outs.
executive officer at MOL. compared to the first nine months of 2020, “Decarbonising our operations is central to
MITSUI OSK LINES, October 26, 2021 which recorded an exceptionally high level, our strategy going forward, which is why we
but are up by 20% compared to the first nine have taken this important step to convert the
GTT: €240mn in revenue months of 2019. ‘Siem Pride’ for hybrid propulsion. Wärtsilä
Considering the level of our backlog and
has industry-leading experience and expertise
for the first nine months shipbuilding schedules, we confirm our in this field, and their upgrade solution
revenue, EBITDA and dividend distribution
will deliver considerable added value to the
of 2021, in line with targets for the full year 2021.” vessel’s performance,” says Jon August Houge,
Operations Manager, Siem Offshore.
GAZTRANSPORT & TECHNIGAZ, October 28,
expectations 2021 Offshore for more than ten years, and are
“We have worked closely with Siem
Gaztransport & Technigaz (GTT), an Wärtsilä to upgrade Siem excited at this possibility to further reduce
engineering company specialised in the the carbon footprint of their fleet. When
design of membrane containment systems Offshore Platform Supply operating on electric power, there will be
for maritime transportation and storage of obvious savings in fuel costs and emissions.
liquefied gas, has today announced revenues Vessel with energy-saving Furthermore, when in use, the ship’s
for the first nine months of 2021. engines may operate more on LNG, which
Commenting on the results, Philippe hybrid propulsion further enhances the ship’s environmental
Berterottière, chairman and CEO of GTT, sustainability,” says Steven Gavshon, General
said: “With 40 LNG carrier orders, 2 ethane The technology group Wärtsilä will upgrade Manager, Projects and Operations, Wärtsilä
carrier orders and 6 onshore tanks orders, the ‘Siem Pride’, an 89 metre-long Platform Marine Power.
GTT’s commercial performance in the first Supply Vessel (PSV) owned by Norway based For the upgrade, Wärtsilä will supply
nine months of the year remains strong for Siem Offshore Rederi, for hybrid engine and the hybrid drive, the energy management
our core business. These orders are mainly battery propulsion. The upgrade will enable system, the transformer, batteries, and the
for delivery dates spread over the 2023-2025 the vessel to reduce the number of engines in switchboard modification. The dynamic-
period. use during operations, thereby considerably positioning system will also be upgraded,
In the LNG as fuel segment, new orders lowering its energy and fuel consumption. while the ship design will be modified for the
were added to those taken in the first half of The order with Wärtsilä was signed in the 2nd new arrangement. A deck house containing
the year to reach a total of 25 units, a volume quarter, 2021. the equipment will also be installed.
that outstrips all orders taken in previous Central to the conversion will be the Finalisation of the project is projected for
years. GTT’s membrane technology has been Wärtsilä HY Module, which is a containerised April 2022, at which time the vessel will be
adopted by several international ship-owners solution on the deck of the vessel. Its latest- awarded DNV’s Battery Power notation.
and is becoming increasingly important in a generation energy management system, WÄRTSILÄ, October 28, 2021
segment that is expected to grow. which acts as the overall brain for the system,

P12 www. NEWSBASE .com Week 43 29•October•2021