Gas Transportation Industry Players News

LNG Carrier Contracts ABB for $40 million

ABB contracted to provide energy-efficient and environmental friendly solution for four LNG vessels to be built in Korea. Total orders in the first quarter of 2013 landed by ABB, worth close to $40 million, came from three gas transportation industry players and are for the supply of power and electric propulsion equipment for LNG vessels to be built in South Korea. ABB will supply its propulsion plant to work in combination with a duel fuel diesel engine plant on board a 155,000 cu m capacity LNG carrier ordered from Hyundai Heavy Industries (HHI) by a South East Asian ship owner.