The technology group Wärtsilä’s emissions abatement technology is again recognised with a new order. The company will provide its Volatile Organic Compounds (VOC) Recovery System, together with an LNG Fuel Gas Supply System, for two new 124,000 DWT shuttle tankers. The ships have been ordered by Knutsen NYK Offshore Tankers (KNOT), a leading independent owner and operator of shuttle tankers, and will be built at the Daewoo Shipbuilding & Marine yard in Korea. The order with Wärtsilä was placed in April.
With this technology, the liquefied VOC is mixed with LNG and used as fuel for the main and auxiliary engines. By using LNG as the primary fuel and supplementing this with the energy recovered from the VOC, these vessels will be able to lower their emissions of CO2 equivalents by 30 to 35 percent, a minimum of 30,000 tons per year, compared to conventional oil-fuelled shuttle tankers. These savings are roughly the equivalent of the total emissions from approximately 20,000 cars.
“Wärtsilä has developed its VOC abatement technology over the past 20 years, and our competence in this field is unmatched in the marine sector. It means that for these vessels, with the combination of Wärtsilä’s VOC Recovery and LNG fuel systems, they will not only be extremely sustainable environmentally, but will also be commercially attractive. The VOCs that would otherwise be emitted to the atmosphere can instead be burned as fuel,” says Hans Jakob Buvarp, General Manager, Sales, Wärtsilä Marine.
“Our industry is rapidly changing towards greater environmental awareness and improved operational efficiency. These two new ships will reflect this change, thanks largely to Wärtsilä’s advanced technology. They will truly represent the new generation of shuttle tankers, with vastly reduced emissions and lower fuel costs,” says Jarle Østenstad, New Building Director, Knutsen OAS.
The Wärtsilä solutions will be delivered to the yard commencing in November of this year. When delivered, the tankers will operate in the North Sea oil fields.
About Wärtsilä
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2019, Wärtsilä’s net sales totalled EUR 5.2 billion with approximately 19,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
About Knutsen NYK Offshore Tankers
Knutsen NYK Offshore Tankers (KNOT) is the market leading independent owner and operator of shuttle tanker operator in the world. KNOT is a fully integrated industrial shipping company. This means that we control and manage our whole value chain of activities. That includes newbuilding, chartering, vetting, crewing, technical and commercial management, financing, procurement and general administration.