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Wärtsilä Wins 16 LNG Engine Orders

Maritime Activity Reports, Inc.

March 31, 2006

In the first two months of 2006, Wärtsilä Corporation won orders for a further 16 Wärtsilä 50DF dual-fuel engines to power four LNG (liquefied natural gas) carriers contracted in Korea. In January Wärtsilä was awarded an order to supply two sets of four Wärtsilä 50DF dual-fuel engines to Daewoo Shipbuilding & Marine Engineering (DSME) of Korea. These engines will be installed in two dual-fuel-electric LNG carriers contracted by Bergesen Worldwide Gas of Norway, and are the first Wärtsilä 50DF dual-fuel engines to be ordered by DSME. In February Hyundai Heavy Industries and Hyundai Samho Heavy Industries of Korea ordered two sets of four Wärtsilä 50DF dual-fuel engines to power two dual-fuel-electric LNG carriers for Mitsui OSK Lines (MOL) of Japan. These latest contracts bring the total orders to 104 Wärtsilä 50DF engines for 26 dual-fuel-electric LNG carriers. In addition to these Wärtsilä 50DF dual-fuel engine contracts, Wärtsilä also received orders for the slightly smaller Wärtsilä 32DF dual-fuel engine type. DSME ordered a twelve-cylinder unit to complement the steam turbine machinery installation on a 151,000 m³ LNG carrier with onboard LNG regasification installation (LNG-RV) for Exmar of Belgium. West Contractors of Norway ordered one set of four six-cylinder units to power a dual-fuel-electric offshore supply vessel for Eidesvik Shipping of Norway.

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