Marine technology company WinGD has seen growth in orders for its low-pressure, dual-fuel two-stroke engines, driven by LNG carrier ordering spree.
As explained, the maritime industry’s response to the call for tighter environmental regulations combined with the 2020 sulphur cap is steadily leading the industry towards dual fuel solutions.
WinGD said that a few recent orders confirm that confidence in LNG as a marine fuel is growing to include a broader range of vessel types beyond LNGC to include chemical & crude oil tankers, asphalt carriers and container feeders.
“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 compliant, safe and reliable for many years to come. LNG is the bridge which will get us closer to a carbon neutral future,” Rolf Stiefel, VP Sales at WinGD, commented.
“More and more of the engines ordered for propelling deep sea vessels are choosing LNG as fuel. The reasons are compelling: lower emissions, less CO2 and offered at a very attractive price compared to 0.5% sulphur fuels,” Stiefel added.
WinGD closed the first quarter of 2019 with 32 new X-DF engines on order. One of these orders was placed by Greek shipping company Maran Gas Maritime, a member of the Angelicoussis Shipping Group. The company recently ordered new LNG carriers all with two 5X72DF engines. The deal was signed with South Korea’s shipbuilding giant Daewoo Shipbuilding and Marine Engineering (DSME).
“This is the first time that we have selected XDF engines, recognizing the merits of the low pressure technology and respecting also the preference of charterers and Joint Venture partners. We have made changes to the standard design of Daewoo in order to optimize it based on XDF engines, creating savings in the capital expenditure and our future operation costs,” Stavris Hatzigrigoris, CEO of Maran Gas Maritime, explained.
Headquartered in Winterthur, Switzerland, WinGD develops two-stroke low-speed gas and diesel engines used for propulsion power in merchant shipping.