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nikkiso-and-gtt-partner-to-enhance-lng-shipping-market
nikkiso-and-gtt-partner-to-enhance-lng-shipping-market

Nikkiso and GTT partner to enhance LNG shipping market

Nikkiso Clean Energy & Industrial Gases Group has partnered with GTT to combine expertise and enhance the LNG-fuelled shipping market.

The combination of the two companies will see GTT’s patented Recycool™ technology paired with Nikkiso’s high-pressure fuel gas pump skids.

GTT’s Recycool™ technology ensures boil-off gas is recovered and manged safely to avoid unwanted emissions and improve fuel efficiency.

Already, the duo has received an order from a Chinese shipyard to equip 10 LNG-fuelled container ships, with additional contracts expected in the near future.

Adrian Ridge, CEO of Nikkiso Clean Energy & Industrial Gases, said, “Our partnership with GTT and complementary expertise advances the growth of both companies in the LNG-fuelled shipping market.”

LNG-fuelled ships can achieve up to 28% lower greenhouse gas emissions on a tank-to-wake basis compared to vessels using traditional marine bunker fuel, according to SEA-LNG, a multi-sector industry coalition.

The global shipping industry as a whole was responsible for over 2% of the world’s greenhouse gas emissions in 2022, according to the International Energy Agency.

Jean-Baptiste Choimet, CEO of GTT, said, “I’d like to thank the Nikkiso team for their support and collaboration.”

“With GTT’s expertise in reducing boil-off rates through our membrane technology, the Recycool™ system now provides LNG-fuelled vessels with effective solutions for managing boil-off and lowering their carbon footprint.”

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