HHI Partners With EnerSea Transport

Thursday, June 27, 2002
EnerSea Transport LLC (EnerSea) and Hyundai Heavy Industries Co., Ltd. (HHI) are partnering together to complete vessel design and obtain 'class approval in principle' certification for EnerSea's breakthrough VOTRANS(TM) compressed natural gas (CNG) marine transport vessels. Upon completion of that process, HHI will build the first VOTRANS fleet of vessels for EnerSea's transport services projects. "The joining of forces between EnerSea and Hyundai is a defining moment in the commercialization of CNG marine transport," stated Paul Britton, EnerSea's Managing Director. "This alliance will bring together one of the world's premier shipbuilders with the industry's most advanced CNG technology. Yesterday's stranded gas is much closer to market today." Hyundai's D.Y. Han, Executive Vice President and Chief Marketing Officer for the Shipbuilding Division, said "This alliance is the culmination of several months of cooperation and discussions, and we are most pleased to be working with EnerSea. The CNG market has tremendous potential, and we look forward to contributing as part of the leading technology and team in this emerging industry. This alliance will support EnerSea's capability to execute large CNG projects."

People & Company News

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Ship Repair & Conversion

MN100: Conrad Shipyard

The Company: Conrad Shipyard was established in 1948 and is headquartered in Morgan City, Louisiana. The company designs, builds and overhauls tugboats, ferries,

MN100: TPG Marine Enterprises, LLC

The Company: TPG Marine Enterprises, LLC is an operations, logistics and consulting company that specializes in all aspects of cargo movement on the Inland Waterways System.

Wärtsilä Re-gasification system for Norwegian Ship Conversion

Wärtsilä has been contracted to supply the re-gasification system for an FSRU (Floating, Storage, Re-gasification Unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel.

 
 
Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1350 sec (7 req/sec)