Knutsen orders ME-GI quartet for gas carriers
Four 5G70ME-GI dual-fuel engines will power two gas tankers due to carry gas from fields to be exploited by Spanish utilities
Knutsen OAS Shipping has ordered four dual-fuel MAN B&W 5G70ME-GI engines with exhaust gas recirculation (EGR) systems for two 180,000m3 LNG tanker newbuildings.
Upon delivery in 2020, the vessels will transport cargoes worldwide for two Spanish utility companies. The orders stem from Corpus Christi Liquefaction, a subsidiary of Cheniere Energy that recently entered into 20-year LNG sale and purchase agreements (SPAs) with the two utilities.
Under the terms of their respective SPAs, the utilities have agreed to purchase a combined total of over 1 million tonnes of LNG a year from the LNG export facility currently being developed near Corpus Christi, Texas.
Bjarne Foldager, vice president sales & promotion, two-stroke business, MAN Diesel & Turbo – said: “These orders are notable in that they are the sixth and seventh such carriers bound for service for Spanish utilities that have been ordered within the past four years alone.”
MAN Diesel & Turbo claims that, as a high-pressure Diesel-cycle engine, the ME-GI has a higher efficiency and power concentration than those following the low-pressure, Otto principle. The company sees significant opportunities arising for gas-fuelled tonnage as fuel prices rise and modern exhaust-emission limits tighten.