The Finnish technology group Wärtsilä, and GTT, the French designer of LNG containment systems, have finalized a cooperation agreement to explore potential joint business opportunities.
Under the agreement, the two companies will explore opportunities in the marine sector in relation to LNG storage, fuel gas supply systems, and associated services that will benefit both shipyards and vessel owners, Wärtsilä said on Tuesday.
“By collaborating in the delivery of jointly agreed projects, the two companies will be able to propose solutions that optimise onboard LNG fuel gas storage and operations,” the statement reads.
Within this cooperation agreement, specific attention will be given to medium to large-size segments and configurations where space optimization is key.
Wärtsilä and GTT will also provide ship owners and operators with marine solutions, allowing the exchange of onboard system data, thereby enabling remote support optimisation and assistance for the LNG fuel gas supply system.
Membrane type LNG fuel tanks guarantee volume optimization, thus allowing for more fuel space on board the vessel or improved autonomy between bunker operations, Wärtsilä adds.
Speaking of the agreement, Timo Koponen , vice president, flow & gas solutions, Wärtsilä marine solutions said it “is part of Wärtsilä’s strategy of ‘forming the future of gas’, aimed at making a solid contribution to increased sustainability and greater operational efficiency for gas-fuelled vessels.”