Wärtsilä completes unique conversion of vesse...

Wärtsilä Corporation, Trade & Technical Press release, 23 November 2011 The product tanker 'Bit Viking' was the first vessel ever to undergo a conversion by Wärtsilä from heavy fuel oil to liquefied natural gas (LNG) operation. The conversion enables the 'Bit Viking' to qualify for lower nitrogen oxide (NO(X)) emission taxes under the Norwegian NO(X )fund scheme. The unique fuel conversion of the product tanker 'Bit Viking', from heavy fuel oil to gas operation, has been finalised and in October the vessel was handed over to the customer, Tarbit Shipping. The re-commissioned vessel is operated by Statoil along the Norwegian coastline, and the conversion carried out by Wärtsilä enables it to qualify for lower NO(X) emission taxes under the Norwegian NO(X) fund scheme. The fund is a cooperative effort whereby participating companies may apply for financial support in return for introducing NO(X) reducing measures. Furthermore, liquefied natural gas (LNG) operation means lower carbon oxide emissions, and virtually no sulphur oxide or particle emissions whatsoever. First marine dual fuel (DF) conversion This is the first marine installation in the world to involve converting Wärtsilä 46 engines to Wärtsilä 50DF engines, and the first 50DF marine installation with mechanical propulsion. By operating on LNG, the 'Bit Viking' becomes one of the most environmental friendly product tankers in the world. In August 2010, Wärtsilä announced that it had signed a turnkey project with Tarbit Shipping to convert the 'Bit Viking' to LNG operation. The scope of the conversion package from Wärtsilä included deck-mounted gas fuel systems, piping, two six-cylinder Wärtsilä 46 engines converted to Wärtsilä 50DF units with related control systems and all adjustments to the ship's systems necessitated by the conversion. The vessel's classification certificate was also updated. The engines are connected directly to the propeller shafts through a reduction gearbox, thus avoiding the electrical losses that are an unavoidable feature of diesel-electric configurations. This enables a significant improvement in propulsion efficiency, reduced fuel consumption, and corresponding reductions in emissions. This is the first LNG fuelled vessel to be classified by Germanischer Lloyd. New LNG storage system The 'Bit Viking' utilises Wärtsilä's new LNGPac system, which enables the safe and convenient onboard storage of LNG. The two 500 cubic metre LNG storage tanks are mounted on the deck to facilitate bunkering operations and permit the bunkering of LNG at a rate of 430 cubic metres per hour. The storage tanks provide the vessel with 12 days of autonomous operation at 80 per cent load, with the option to switch to marine gas oil if an extended range is required. When visiting EU ports, which have a 0.1 per cent limit on sulphur emissions, the vessel operates on gas. "Wärtsilä's unique expertise and experience with dual fuel technology, as well as with fuel conversion projects, were the main reasons for us choosing them. We appreciate the technological efficiency of the Wärtsilä solutions and the expert way in which this conversion project has been handled. We are proud that the 'Bit Viking' is now one of the world's most environmentally sustainable tankers in operation," says Anders Hermansson, Technical Manager, Tarbit Shipping. "This is a major step for Wärtsilä in consolidating its market leading position in LNG solutions for the shipping industry. The successful sea trials with this vessel provide yet further validation of the viability of LNG as the marine fuel of the future. We anticipate that this development will rapidly accelerate during the coming few years," says Sören Karlsson, General Manager, Gas Applications, Ship Power Technology. . Link to image of Bit Viking Source: Tarbit Shipping Wärtsilä press release 31 August 2010: Wärtsilä and Tarbit Shipping sign contract to convert tanker to LNG operation for reduced NOX emissions Wärtsilä press release 20 September 2011: Wärtsilä dual-fuel engines exceed 3 million running hours Read more about Wärtsilä Services Read more about Wärtsilä Marine Solutions for Merchant For further information, please contact: Tero Karjalainen General Manager, Project Management, Services Wärtsilä Finland Oy Tel. +358 40 353 98 49 tero.karjalainen@wartsila.com Tuula Franck Senior Manager, Media and Stakeholder Relations Wärtsilä Corporation Tel. +358 400 267 555 tuula.franck@wartsila.com Wärtsilä in brief Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2010, Wärtsilä's net sales totalled EUR 4.6 billion with more than 17,500 employees. The company has operations in 160 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland. www.wartsila.com Tarbit in brief Tarbit Shipping AB is a Sweden-based company that has been transporting bitumen, petroleum products and chemicals since 1962. Tarbit Shipping AB operates a fleet of tankers with cargo capacities ranging from 6.314 to 25.000 tdw and services customers throughout Europe, Mediterranean, Black Sea, West Africa and the Caribbean. The shipping company is characterised by high environmental safety, a sense of responsibility and effectiveness. http://www.tarbit.se/ Bit Viking: http://hugin.info/131481/R/1565989/486146.jpg This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Wärtsilä Oyj Abp via Thomson Reuters ONE [HUG#1565989]
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