Babcock Wins Multiple Orders
UK-based engineering services company Babcock said that its liquefied gas equipment (LGE) arm has netted 26 orders in the LNG and liquefied petroleum gas (LPG) carrier markets so far this year.
Having won 16 contracts in the LPG carrier market, plus a further 10 ecoSMRT contracts for LNG carriers so far in 2019, the company continues to thrive in challenging market conditions.
Now contracted to deliver LPG Fuel Gas Supply System (ecoFGSS) on six LPG carriers in a range of sizes, including the world’s first new-build system, Babcock’s LGE business dominates the sector whilst maintaining LPG and LNG carrier market share.
Using LPG as a fuel supports shipowners in compliance with global environmental legislation and reduces a ship’s environmental footprint.
Neale Campbell, Managing Director of Babcock’s LGE business, said: “These contract wins cement Babcock as the preferred supplier of key equipment within the liquid gas market in South Korea and China.
“Babcock LGE continues to focus on the LPG and LNG carrier markets, and increasingly on adjacent markets including ethane, ethylene, small-scale LNG and bunker vessels, Fuel Gas Supply Systems and other alternative fuels.”