WE Tech wins contract for Shell-chartered LNG carriers

Finland’s WE Tech Solutions has won a contract to supply equipment to eighth liquefied natural gas carriers that will go on charter to LNG giant Shell.

The Finnish company says it will start supplying its equipment in February 2021.

Under the deal, WE Tech will supply two sets of direct drive permanent magnet shaft generators.

The deal also includes the delivery of variable speed frequency drives and dedicated power management system.

We Tech did not reveal any additional info regarding the contract.

Norway’s Knutsen, investors advised by J.P. Morgan Asset Management and Korea Line are the owners behind the order for the LNG tankers.

The deal includes an option for the construction of an additional six vessels.

South Korea’s Hyundai Heavy Industries and Hyundai Samho Heavy Industries are building the 174,000-cbm vessels that will feature dual-fuel X-DF propulsion.

The delivery of the vessels is scheduled to start from mid-2022.

- Advertisements -

Most Popular

Freeport LNG gets FERC approval to begin restart of Texas plant

Freeport LNG, the operator of the three-train 15 mtpa liquefaction plant in Texas, has secured approval from US FERC...

LNG tanker suffers rudder failure in Suez Canal

NYK's 2021-built LNG carrier Grace Emilia suffered a malfunction of its rudder in the Suez Canal on Wednesday, but...

Shell delivers first carbon-neutral LNG cargo under GIIGNL’s framework

LNG giant Shell has delivered the ‎first carbon-neutral LNG cargo to Taiwan’s CPC Corporation using GIIGNL's framework for emissions. Back...

More News Like This

Shell’s Q4 profit reaches $9.8 billion, LNG sales rise

LNG giant Shell reported a jump in its adjusted earnings in the fourth quarter while its LNG sales also...

TC Energy expects LNG Canada pipeline costs to hit about $10.9 billion

TC Energy now estimates costs for its giant pipeline that will supply natural gas to the Shell-led LNG Canada...

Shell to shrink executive committee

LNG giant Shell is to reduce the size of its executive committee from nine to seven members in a...

GasLog Partners extends LNG carrier charter deals with Shell and Cheniere

NYSE-listed LNG shipping firm GasLog Partners has extended charter deals for its vessels with LNG giant Shell and US...