Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexEconomic EventsPress releases

DNV GL : presents GTT and TECHNOLOG with GASA statement for exoskeleton LNG tanks

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/07/2017 | 05:48pm CET

LNG membrane tanks will generally offer more efficient space utilisation for cargo storage and as fuel tanks. The exoskeleton concept offered by GTT, and developed in partnership with TECHNOLOG, consists of a structure that can be prebuilt on the dock and then installed as a complete unit in the hull of the vessel. This greatly reduces the construction time of the ship at the yard and eliminates the necessity to go into dry dock.

The solution has been developed for VLCVs with a capacity of 14,000 to 18,000 TEU and offers a new possibility for owners to more easily refit existing vessels with an LNG fuel system. Switching to using LNG as a ship fuel will mean a vessel will comply with incoming restrictions on the use of high sulphurs fuels.

'The GASA approval issued by DNV GL is very important for us, as it shows that the new solution can be ordered and retrofitted today,' says Philippe Berterottière, Chairman and CEO of GTT. 'It will allow interested shipowners to get ahead of the IMO's 2020 Global Sulphur Cap regulations, giving customers and charterers greater certainty as we head to this significant regulatory change. By bringing this solution to market, GTT reaffirms its position as an innovative provider for the industry, continually working to optimize our customer's operational performance.'

'This advanced technology is a milestone for cost-effective LNG retrofit and newbuilding solutions for larger vessels. With introduction of LNG as ship fuel there are immediate benefits to ship owners related to a reduced carbon dioxide footprint (EEDI) as well as all other harmful exhaust emissions,' said Hans-Jürgen Voigt, Shareholder and Managing Director of TECHNOLOG.

'We congratulate GTT and TECHNOLOG on achieving this milestone,' says Knut Ørbeck-Nilssen, CEO DNV GL - Maritime. 'This innovative new solution offers forward thinking shipowners another option when they are considering LNG as a ship fuel and will help to continue the development of this important technology. We look forward to building on this excellent cooperation with GTT and TECHNOLOG in the future.'

A General Approval for Ship Application (GASA) is a full approval of the technology under consideration, according to the DNV GL Rules for Classification, which examines a typical installation of the technology in a vessel.

About GTT

GTT (Gaztransport & Technigaz) is an engineering company expert in containment systems with cryogenic membranes used to transport and store liquefied gas, in particular LNG (Liquefied Natural Gas). For over 50 years, GTT has been maintaining reliable relationships with all stakeholders of the gas industry (shipyards, shipowners, gas companies, terminal operators, classification societies). The company designs and provides technologies which combine operational efficiency and safety, to equip LNG carriers, floating terminals, and multi-gas carriers. GTT also develops solutions dedicated to land storage and to the use of LNG as fuel for the vessel propulsion, as well as a full range of services. GTT is listed on Euronext Paris, Compartment A (ISIN FR0011726835 Euronext Paris: GTT) and is notably included in SBF 120 and MSCI Small Cap indices.

For more information visit www.gtt.fr

About TECHNOLOG

For over 30 years, TECHNOLOG has been working on behalf of their clients in the maritime industry across the globe. As a consulting company and design office, TECHNOLOG covers a wide range of tasks, from concepts to implementations via project developments. Above and beyond this, TECHNOLOG offers many innovative solutions in various fields. The portfolio ranges from Container- and Multi-Purpose Vessels, Bulk Carriers, Research and Ice-going Vessels to Special Purpose Ships. Based in Hamburg, TECHNOLOG serves customers worldwide - supported by an international partner network and a TECHNOLOG branch in China.

For more information visit www.technolog.biz

DNV GL AS published this content on 07 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 07 December 2017 16:46:02 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
02:19p CCA CROATIAN COMPETITION AGENCY : dismisses the notification of proposed media concentration Slovenia Broadband and Nova TV
02:14p IFA IRISH FARMERS ASSOCIATION : Cattle prices remain firm with very strong demand and supply
02:14p EUROPEAN PARLIAMENT : Motion for a resolution on the attack made on the EU system of aid and the principles underpinning the CAP by the United States in the context of the dispute on Spanish olives - B8-2017-0661
02:09p DERRY CITY & STRABANE DISTRICT COUNCIL : Guildhall to light up ‘green’ to raise awarenes...
02:09p EESC EUROPEAN ECONOMIC AND SOCIAL COMMITTEE : What place for culture in Europe's future? European teenagers to tell Brussels
02:04p Small Canadian miners in pole position for electric vehicle battery boon
01:59p Bankers call on Bank of England to act fast on EU branches
01:50p Futures inch up, bitcoin grabs investor interest
01:34p RICE UNIVERSITY : A dab of water aids carbon capture
01:26p Futures little changed as oil prices edge lower
Latest news "Economy & Forex"
Advertisement