Wartsila: 34DF engine taking over LNG carrier market share

Wartsila's 34DF engine reaches 70 pct market share

Three major South Korean shipyards Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries have shown a big interest in Wärtsilä’s upgraded 34DF engine.

The shipbuilding giants are supporting the use of this engine for auxiliary applications in the LNG carrier segment where dual-fuel engines are favoured, Wärtsilä said in a statement on Thursday.

South Korea currently has more than 80% of the total order book for LNG tankers, while the Wärtsilä 34DF engine has achieved an auxiliary application market share of approximately 70% in this sector, the company said.

During the first half of this year Wärtsilä has been awarded contracts for 56 Wärtsilä 34DF dual-fuel auxiliary engines for 14 new LNG carriers being built for four different owners. This means that Wärtsilä has already received orders for nearly 100 such engines from these three yards since it was re-launched with a higher MCR (maximum continuous rating) in 2013.

All these orders were placed by South Korea’s three leading shipyards and the ships are being built for European, American, and Asian owners.

Image: Wärtsilä

Share this article

Follow LNG World News

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

Offshore Energy Exhibition and Conference 2019

The three-day event includes an exhibition where an expected 600+ supply chain companies will showcase their products and services.

read more >

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

5th CWC China LNG & Gas International Summit & Exhibition

5th CWC China LNG & Gas International Summit & Exhibition will return 16 – 17 October 2019, bringing together the key players…

read more >