Wartsila to support Knutsen’s LNG carrier quartet

Finland’s Wartsila has signed a deal with Norway’s Knutsen to support the latter’s four liquefied natural gas (LNG) carriers.

The service agreement covers the reliquefaction plant for the vessels and is designed to optimize their day-to-day operational performance, according to a Wartsila statement on Monday.

Wartsila said the two firms signed the contract in March 2022.

Moreover, the scope of the deal includes Wartsila’s digital operational performance improvement and monitoring system.

“This provides real-time data on Wartsila’s onboard equipment, thus enabling expert management and control to deliver cost-savings and more efficient operations,” the firm said.

Wartsila will also provide expert technical support, as well as servicing and spare parts support.

In addition, the tech firm will also provide advice on maintenance of the reliquefaction plant and supply spare parts during dry-docking of the vessels.

The five-year agreement will enter into effect from June 2022.

Wartsila did not provide the price tag of the deal.

In September last year, Wartsila said it had won a contract to supply reliquefaction equipment for three Knutsen’s LNG carriers.

Knutsen ordered these vessels at South Korea’s Hyundai Samho Heavy Industries.

According to Knutsen’s website, the company has at least 14 LNG carriers on order in South Korea and one LNG bunkering vessel in Spain.

- Advertisements -

Most Popular

Hyundai Samho to build LNG carrier quartet for $1.08 billion

South Korea's Hyundai Samho has secured an order to build four liquefied natural gas (LNG) carriers for about $1.08...

QatarEnergy to further boost LNG output

State-owned LNG giant QatarEnergy said on Sunday it will further boost its liquefied natural gas production from the North...

Tellurian reports $166.2 million net loss in 2023

US LNG firm Tellurian reported a net loss of $166.2 million in 2023, as it continues to work on...

More News Like This

Barcelona LNG bunkering volumes hit record high

The Spanish port of Barcelona reported a new record in its yearly LNG bunkering volumes due to lower prices...

Wartsila clinches contract for Swedish bio-LNG plant

Finnish tech firm Wartsila has secured a contract to upgrade a Swedish bio-LNG plant. According to a statement by Wartsila,...

CIMC SOE wins contract from Wartsila for Croatian regas module

Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering has secured a contract from a unit of Finland's Wartsila to...

Wartsila to sell gas solutions unit

Finnish tech firm Wartsila aims to sell its gas solutions business as part of the company's plans to further...