LNGreen: Next-Generation LNG Carrier Concept by Gaslog, DNV, Hyundai Heavy Industries and GTT
03 Août 2015 - 1:00PM
Business Wire
GasLog Ltd. (NYSE:GLOG) (“GasLog” or “GasLog Ltd.”) is pleased
to announce the completion of the LNGreen joint industry project.
The LNGreen joint industry project brought together experts from
GasLog, DNV GL, GTT and Hyundai Heavy Industries (“HHI”) to develop
a state-of-the-art, next-generation, LNG carrier. Each of the
project partners contributed their unique know-how and experience
to develop the LNG carrier of tomorrow using the latest technology
within the bounds of existing shipbuilding methods. The vessel
concept has a significantly improved environmental footprint, a
higher level of energy efficiency, an improved boil-off rate, and
improved cargo capacity. Applying 2-stroke propulsion technology
makes the vessels very well suited to future LNG trading
patterns.
The LNGreen project focused on improving the efficiency and
performance of the modern LNG carrier by analyzing actual
operational performance data, focusing on further optimization
through reassessment of vessel hydrodynamics, machinery and systems
configuration. These improvements will lead to greater efficiency
and cargo capacity without any compromise to the safety or quality
of the vessels.
The outcome of the project was a concept design, which is close
to 10% more energy efficient than vessels of the same type and size
currently being built and with an increased cargo capacity of
approximately 5% within the same physical dimensions.
GasLog contributed to the project the extensive experience it
has built up over fifteen years of building and operating LNG
carriers around the world. Specifically, GasLog conducted an
analysis of historical fleet data and identified a number of
operational parameters and restrictions that should be included in
the design of the next generation LNG carrier, such as average
sailing speeds, operation times and compatibility issues. The
project also looked at forecast future trading patterns so that
future vessel designs are developed to obtain maximum efficiency in
a number of likely, realistic trading scenarios.
GTT and HHI used their extensive industry expertise and
experience to focus on cargo containment optimization in parallel
with hull shape improvement. The tank shape, necessary
reinforcements and boil off rate calculations were examined to
develop alternative cargo tank designs that could yield additional
cargo capacity, whilst also taking into consideration recently
introduced regulatory and compatibility restrictions.
Following a model-based approach through the usage of high tech
DNV GL Cossmos software, various configurations in terms of
propulsion options (both 2-stroke and 4-stroke) and mechanical
energy saving devices (economizers, shaft generators) were assessed
prior to concluding the proposed optimized design.
Once all projected operating parameters and trading patterns
were considered, the 2-stroke propulsion configuration was selected
as the most suitable for the GasLog operating profile, compared
with 4-stroke and other alternatives. This validates the recent
newbuilding orders GasLog has placed with this propulsion
with both HHI and Samsung Heavy Industries. For GasLog’s operating
profile, management believes that the 2-stroke propulsion system
has a number of key benefits, including low fuel consumption,
reduced complexity, expected high reliability and safety, IMO Tier
III compliance in gas mode, and relatively low capex and opex
costs.
Theodoros Katemidis, General Manager of Newbuilding, Technology
& Projects of GasLog commented, “GasLog is proud to be working
with a number of leading players in the LNG shipping industry to
design the next generation LNG carrier. Combining the considerable
industry expertise of the project partners has created an LNG
carrier that will bring enhanced performance and significant
improvements in efficiency, which will ultimately benefit GasLog
and its customers. LNGreen utilizes existing technology which can
be applied to existing and new vessels today. GasLog continues to
be at the forefront of technological innovation in the LNG shipping
sector to improve the service for our existing and future
customers.”
About GasLog
GasLog is an international owner, operator and manager of LNG
carriers, providing support to international energy companies as
part of their LNG logistics chain. GasLog’s owned fleet consists of
nineteen wholly-owned LNG carriers, including eleven ships on the
water and eight ships to be delivered. GasLog Partners LP a master
limited partnership formed by GasLog owns a further eight LNG
carriers. Through the wholly owned subsidiary GasLog LNG Services
operate twenty-two LNG carriers, which include owned ships as well
as three ships owned or leased by BG Group, and one additional LNG
carrier in which GasLog has a 25% interest.
About DNV GL
Driven by its purpose of safeguarding life, property and the
environment, DNV GL enables organisations to advance the safety and
sustainability of their business. We provide classification and
technical assurance services along with software and independent
expert advisory services to the maritime, oil & gas and energy
industries. We also provide certification services to customers
across a wide range of industries. Operating in more than 100
countries, our 16,000 professionals are dedicated to helping our
customers make the world safer, smarter and greener.
About GTT
GTT (Gaztransport & Technigaz) is the world leader in
cryogenic membrane containment systems used for the transport and
the storage of LNG (Liquefied Natural Gas). For over 50 years, GTT
has offered to its customers technologies which allow them to
optimize storage space and reduce the construction and operation
costs of ships or tanks equipped with these systems. GTT operates
in several sectors: LNGCs (Liquefied Natural Gas Carriers) and
VLECs (Very Large Ethane Carriers), Multi-gas carriers, FLNGs
(Floating Liquefied Natural Gas units), FSRUs (Floating Storage and
Regasification units), onshore storage tanks and the use of LNG as
a fuel. GTT is listed on Euronext Paris, Compartment A (ISIN
FR0011726835 Euronext Paris: GTT) and is included in SBF 120 and
MSCI Small Cap indices.
About HHI
Hyundai Heavy Industries, Co. Ltd. the world’s biggest
shipbuilder and a leading integrated heavy industry company, is
building a global network in the heavy industries arena that
includes businesses in shipbuilding, offshore and engineering,
industrial plant and engineering, engine and machinery, electro
electric systems, construction equipment, and green energy. As the
world’s leading shipyard since the 1980s, HHI can deliver about 80
ships or 7 million GT annually from 10 dry docks. HHI becomes the
first shipbuilder in the world to reach 100 million GT in ship
production in March 2012 and to deliver its 2,000th ship in May
2015. HHI has been playing a leading role in developing new ship
designs, advancing shipbuilding technology, and enhancing ship
performance.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150803005594/en/
GasLogJamie Buckland, Phone: +44-203-388-3116Head of
Investor RelationsEmail: ir@gaslogltd.com
GasLog (NYSE:GLOG)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
GasLog (NYSE:GLOG)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024