Wärtsilä and Samsung Heavy Industries sign cooperation agreement to develop environmentally sound gas-fuelled ships
(Thomson Reuters ONE) -
Wärtsilä Corporation, Press release, 22 March 2010
Wärtsilä and Samsung Heavy Industries (SHI) have signed a cooperation agreement
to develop gas-fuelled merchant vessels. The intention is to jointly develop
next-generation ships with efficient and competitive propulsion machinery
concepts that meet or exceed the demands of future environmental regulations.
The focus of the Wärtsilä and SHI joint study will be on utilizing liquefied
natural gas (LNG) as fuel for operating vessels. This is especially relevant in
Emissions Control Areas (ECAs). Wärtsilä's input will be related to the
propulsion machinery, with particular reference to large bore dual-fuel engines
combined with mechanical propulsion solutions. SHI will concentrate on the
design of highly-efficient vessels incorporating fuel storage facilities and
gas-powered propulsion machinery.
"Compared to conventional engines running on heavy fuel oil (HFO), Wärtsilä's
dual-fuel engine technology offers 20-25 percent lower carbon dioxide (CO2)
emissions, 90 per cent lower nitrogen oxide (NOx) emissions and almost
negligible sulphur oxide (SOx) and particulate emissions," says Mr Jaakko
Eskola, Group Vice President, Wärtsilä Ship Power. "We are the market leader in
dual-fuel engine technology and deliveries, and our engine portfolio covers the
majority of merchant vessel propulsion needs. In gas mode, our dual-fuel engines
already comply with the IMO's (International Maritime Organisation) regulations
which come into force in 2016," Eskola continues.
For many decades, engines running on heavy fuel oil have been, and still are,
the market standard for propulsion and electric power generation in merchant
vessels as heavy fuel oil represents the cheapest available source of primary
energy. Future environmental regulations will, however, require technologies
with lower levels of emissions, and the number of ECAs in different regions of
the world is expected to rise.
Increasingly tough environmental regulations will open up opportunities for new
solutions incorporating cost-efficient technology and this could trigger a
substantial shift towards gas-powered dual-fuel vessels. From a price
perspective, gas from LNG is already competitive with liquid fuels, but further
investment in the supply chain is necessary to encourage widespread use in
shipping.
SHI will provide inputs for the specification of fuel storage and handling
systems, and for total vessel costs, as well as identifying the major vessel
parameters.
"Samsung Heavy Industries has delivered hundreds of vessels from virtually
every ship category to customers worldwide, and we lead the industry in both the
number of ships built and dock turnover time, a key measure of efficiency," says
K.S Lee, Vice President, Project Planning Team at Samsung Heavy Industries.
For further information, please contact:
Wärtsilä
Ms Tuula Franck
Senior Manager, External Communications
Wärtsilä Corporation
Tel: +358 400 267555
tuula.franck(at)wartsila.com
Internet:www.wartsila.com
Samsung Heavy Industries
Mr Jin Mo Kim
Senior Manager, Project Planning Team
Samsung Heavy Industries
Tel: +82 55 630 3340
jin.mo.kim(at)samsung.com
Internet:www.shi.samsung.co.kr
Wärtsilä in brief
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 2009, Wärtsilä's net sales totalled EUR 5.3 billion with more than 18,000
employees. The company has operations in 160 locations in 70 countries around
the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.
www.wartsila.com
[HUG#1395675]
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Datum: 21.03.2010 - 19:30 Uhr
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