Nikkiso Clean Energy & Industrial Gases Group, part of Nikkiso Co. Ltd.’s Industrial Business segment, and GTT announced they have entered into a partnership to support the LNG-fueled cargo shipping market. The partnership between Nikkiso CE&IG and GTT brings together cutting-edge engineering and technology for LNG membrane containment and process systems and best-in-class hardware, global manufacturing and technical integration competencies.
GTT’s patented Recycool™ technology ensures boil-off gas (BOG) is recovered and managed safely to avoid unwanted emissions and improve fuel efficiency. Integrated with Nikkiso’s high-pressure fuel gas pump skids, the partnership provides ship owners with enhanced performance by maintaining reliability durability and efficiency to give customers a competitive edge in the market.
“Our partnership with GTT and complementary expertise advances the growth of both companies in the LNG-fuelled shipping market,” said Nikkiso Clean Energy & Industrial Gases CEO Adrian Ridge. “This strength is evidenced by the first large order for 10 container ships, and we expect more awards in the future.”
Jean-Baptiste Choimet, Chief Executive Officer of GTT, stated: "I’d like to thank the Nikkiso team for their support and collaboration. With GTT’s expertise in reducing boil-off rates through our membrane technology, the Recycool™ system now provides LNG-fueled vessels with effective solutions for managing boil-off and lowering their carbon footprint. The adoption of Recycool™ by leading Chinese and Korean shipyards reflects the industry's trust in this solution.”
The value of this partnership has already been recognized by large ship owners with a recent award from a leading shipping operator and numerous projects under negotiation for a variety of ship types.
