Tuesday, July 19, 2011

NK spurs BWTS orders

South Korea's NK announced that it has signed a letter of intent with Japanese large shipyards for the yards to purchase Ballast Water Treatment System (BWTS) over seven LNG carriers in the beginning of this month.

And final purchasing contract is planned to be sealed in mid-July.  

NK speeds up in order, as LNG carriers show steady new orders this year, over 20 ships.

Meanwhile, recent order for BWTS to be onboard VLOCs from Japanese shipbuilder is NK's largest size, NKO3-400 model.

NK expects to sign additional contracts with the same shipbuilder, by selecting standards of NK products.

In the near future, advantages and economic feasibility of NK's systems for large vessels would be more distinguished.

Besides, NK has already closed a BWTS supply contract and is in a process of settling detailed terms for six aframax tankers from Korean big shipbuilder which is in the middle of construction. This contract will lead additional new orders for operating ships, as BWTS is installable without changing main pipes.

Also, NK already won BWTS order for two ships of containership and chemical tanker from Korean shipyard.

Meanwhile, NK is scheduled to hold a promotion event and demonstration for equipment this month, inviting 40 to 50 of shipbuilding related people from Korean shipyards and abroad.

Published : July 18, 2011

Source: Asiasis

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