Bestobell Marine has secured a major new order for its cryogenic globe, check and unique FLIV valves with South Korean shipbuilding company DSME, that could become a multimillion dollar deal for the company.
The order is for a complete ship set of globe and check cargo valves to be installed on the first LNGC vessel, that is part of a larger series of 16 vessels, and that will be built for the widely publicised Yamal LNG project, under construction in Siberian Russia. Three shipowners have been selected to own and operate the vessels needed for the project. They are Sovcomflot (SCF); Teekay and Mitsui OSK Line (MOL), and the vessel orders will be split between the three companies: 6+4+6.
Bestobell is well placed to secure contracts with DSME to supply the cryogenic globe and check valves for all 16 vessels.
Mark Henley, Managing Director for Bestobell, part of the President Engineering Group Ltd, said, “This order has the potential to be a major game-changer for us and will see us significantly increase the Bestobell Marine side of the business in the future. Russia is a relatively new area for Bestobell Marine, but one where we see huge potential in developing new business opportunities using our expertise in valves for LNG carriers.”
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