WinGD: Strong 1Q 2019

Maritime Activity Reports, Inc.

April 18, 2019

WinGD's X92DF engine. Image: WinGD

WinGD's X92DF engine. Image: WinGD

As the clock ticks toward January 1, 2020 and the implementation of strict new emission regulations from the International Maritime Organization, WinGD is reporting a solid order intake for the first quarter of 2020 for their low-pressure, dual-fuel two-stroke engines, powered by a newbuild order spree of LNG carriers specifying WinGD’s XDF engines

In addition, WinGD reports a broadening range of vessel types are selecting dual fuel solutions, including Chemical & Crude Oil Tankers, Asphalt Carriers and Container Feeders. To date, more than 200 X-DF engines on order and/or delivered.

“This doesn’t mean that there isn’t still a considerable amount of debate about what the future fuels will be, but it does give owners peace of mind that their vessels will be complaint, safe and reliable for many years to come,» said Rolf Stiefel, VP Sales at WinGD. «LNG is the bridge which will get us closer to a carbon neutral future.»

Rolf Stiefel, VP Sales at WinGD.

The first quarter of 2019 closed out with 32 new X-DF engines for WinGD. Within these orders includes a new order from Greek shipping company Maran Gas Maritime, a member of the Angelicoussis Shipping Group, one of the most reputable LNGC operators in the world, ordering new LNG carriers all with two 5X72DF engines. The deal was signed with South Korea’s shipbuilding giant Daewoo Shipbuilding and Marine Engineering (DSME) and will see the vessel set for delivery in the first quarter of 2022.

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