Martek secures orders for up to 14 of world’s first LNG fueled tankers
Hyundai heavy industries have chosen Martek Marine Ltd, UK for their Evolution emissions monitoring systems on the world’s first LNG fueled aframax tankers that are being built for Russian shipping line Sovcomflot.
|Photo courtesy of Martek Marine.
The Evolution system and its previous generations have been installed on over 260 ships worldwide and has been supplied to Hyundai for over 12 yr. The system can be configured to any number of engines and multiple gases. The Evolution monitor over 800 marine engines and have over 5 MM operating hours of experience.
The 114,000 DWT Ice-class IA aframax tankers, measuring 250 meters in length, 44 meters in width and 21 meters in height, are scheduled to be delivered from the third quarter of 2018 and to be chartered to Shell.
The order for the four vessels is valued at $240 MM, and speaking about the order of the LNG-fueled aframax tankers, an HHI official added that the company intends to grab more orders for similar vessels.
To enable IMO Tier III compliance on liquid fuel operating mode, the contract also specifies the supply of low-pressure selective catalytic reduction (SCR) system. The Evolution emissions monitoring system will then monitor the emissions and thus the efficacy of the SCR through analysis of NOx, SOx and CO2 using state-of-the-art, proven infra-red analyzers.
Indonesia, home to 260 MM people on 14,000 islands across a vast archipelago, is estimated to become the seventh-largest economy in the world by 2030, with such growth expected to boost the nation’s energy consumption by 80% from present levels.<sup>1</sup>
At October’s HPI Forecast Breakfast for our sister publication, <i>Hydrocarbon Processing</i>, I shared <i>Gas Processing</i>’s forecast on change in the LNG industry.
In one of the toughest markets in the history of gas compression, we are challenged to deliver more with less.
The New LNG Imperative
The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.
November 29, 2017 10am CST
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