Uniter Wins LGN Turkey Contract
Unitor, a Norwegian international ship supply specialist, has strengthened its position in the liquefied natural gas carrier (LNG) market by securing a contract to supply the thermal insulation system for a newbuilding in Japan. This contract, valued at approximately $9.5 million, covers the turnkey delivery of Unitor's patented SG (spiral generated) thermal insulation system, including project management to Hull No. 1432, building at the Chiba works of Japan's Mitsui Engineering & Shipbuilding Co. Hull No. 1432 is a 135,000-sq.-m LNG carrier, under construction for Qatar Liquefied Gas. Thermal insulation work on this vessel's five spherical tanks will start in mid-1997, and is expected to take eight to nine months to complete. This is the second such contract Unitor has secured with Mitsui as of late, and the fourth such project which the Norwegian company has won recently in the LNG carrier market The other three contracts comprise thermal insulation of a 125,000-sq.-m, four-sphere tank LNG carrier building at Korea's Hyundai Heavy Industries (Hull No. 853), and thermal insulation of two 135,000-sq.-m, five-sphere tank LNG buildings at Mitsui's Chiba Works (Hull Nos. 1411 and 1412). Total contract value for the four turnkey projects is approximately $37.8 million.
Unitor's Marine Contracting activity has 18 marine insulation specialists located in Japan, Korea and Norway. The company has reportedly secured contracts to supply thermal insulation systems for 21 LNG carriers to date.
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