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Fri 27 Jun 2014, 18:14 GMT

TGE Marine secures gas system and cargo tank contracts


German engineering firm is awarded nine contracts for the supply of gas plants, high pressure fuel gas systems and cargo tanks.

TGE Marine has obtained a number of new contracts over the last few months for the engineering and delivery of gas handling systems and cargo tanks. At the end of April, the contracts for the gas handling systems and cargo tank material packages for three optional 35,000 cubic metre ethane/ethylene carriers were signed with Jiangnan Shipyard Group. These options were confirmed by Navigator Gas Ltd.

In May, TGE Marine was contracted by Jiangnan Shipyard Group to supply the gas handling systems and tank packages for 4 × 21,000 cubic metre liquid ethylene gas (LEG) carriers. The ships were ordered by Pedredec Group.

TGE Marine's strong market position for high pressure fuel gas systems was reinforced by the award of two contracts from Nantong Cosco Kawasaki Shipyard (NACKS) for the engineering and delivery of fuel gas packages including liquefied natural gas (LNG) tanks for two car carriers ordered at the yard by UECC (Wallenius/NYK). These ships are due to operate in the Emission Control Area (ECA) zones of the North Sea/Baltic Sea and run on LNG as fuel.

TGE Marine’s CEO, Manfred Küver, commented: "Being awarded 9 further contracts for the supply of gas plants, high pressure fuel gas systems and cargo tanks underlines TGE Marine’s leading market position in these segments. We are extremely pleased to have been selected by NACKS as partner for its first LNG propelled ships and that these contracts lift our total order book for high pressure systems to 9 units which leads us to the top market position."

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