HHI Signs LNG Cargo Pump Deal

Friday, June 01, 2007
Hyundai Heavy Industries Co., Ltd. (HHI) signed a technical agreement for a cargo pump for LNG carriers with Carter Cryogenics of the U.S.

The agreement was signed by Choi Weon-gil, COO of HHI¡¯s Engine & Machinery Division, and Mr. Lance A. Schroeder, vice president of Carter Cryogenics.

The LNG carrier's cargo pump is a cryogenic pump at the bottom of containment tanks used to load and unload liquefied natural gas at -163oC. There are eight to ten pumps equipped on each LNG carrier.

Under the technical agreement with Carter Cryogenics HHI will manufacture and market the pumps with plans to localize cargo pump production through the technical development and transfer of technology from Carter Cryogenics in early 2008.

By localizing pump production, rather than importing them, HHI expects to save $1.5 million per LNG carrier and improve the competitive pricing. At full capacity HHI estimates over $15 million in total sales of this type of pump.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

LNG

ABS Approves Design for GTTNA’s LNG Bunker Barge

GTT North America (GTTNA), the Houston-based subsidiary of French engineering and technology company Gaztransport & Technigaz SA (GTT), received approval in principle from ABS for the design of a 2,

ISS to Support Petrobras Expansion

Inchcape Shipping Services (ISS)  has had its port agency and tanker husbandry services contract significantly enlarged by Petrobras.   The Brazilian government-owned energy giant,

Keystone Backers Keep Their Faith In Embattled Pipeline Plan

Six years after applying to build the Keystone XL pipeline, Canada's frustrated oil industry appears steadfast in its support of the plan even though Washington

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction 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: 0.1076 sec (9 req/sec)