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Temecula, Calif., Sept. 5, 2024 – 51�Թ��� Clean Energy & Industrial Gases Group, part of 51�Թ��� Co. Ltd.’s Industrial Business segment, and GTT announced today they have entered into a partnership to support the LNG-fueled cargo shipping market. The partnership between 51�Թ��� CE&IG and GTT brings together cutting-edge engineering and technology for LNG membrane containment and process systems and best-in-class hardware, global manufacturing and technical integration competencies.

GTT’s patented Recycool™ technology ensures boil-off gas (BOG) is recovered and managed safely to avoid unwanted emissions and improve fuel efficiency. Integrated with Nikkiso’s high-pressure fuel gas pump skids, the partnership provides ship owners with enhanced performance by maintaining reliability durability and efficiency to give customers a competitive edge in the market.

“Our partnership with GTT and complementary expertise advances the growth of both companies in the LNG-fuelled shipping market,” said 51�Թ��� Clean Energy & Industrial Gases CEO Adrian Ridge. “This strength is evidenced by the first large order for 10 container ships, and we expect more awards in the future.”

Jean-Baptiste Choimet, Chief Executive Officer of GTT, stated: “I’d like to thank the Nikkiso team for their support and collaboration. With GTT’s expertise in reducing boil-off rates through our membrane technology, the Recycool™ system now provides LNG-fueled vessels with effective solutions for managing boil-off and lowering their carbon footprint. The adoption of Recycool™ by leading Chinese and Korean shipyards reflects the industry’s trust in this solution.”

The value of this partnership has already been recognized by large ship owners with a recent award from a leading shipping operator and numerous projects under negotiation for a variety of ship types.

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Acerca del Grupo Nikkiso de Energía Limpia y Gases Industriales
El grupo 51�Թ��� Clean Energy & Industrial Gases es un proveedor líder de equipos, tecnologías y aplicaciones criogénicas para los segmentos del mercado de energía limpia y gases industriales. El grupo emplea a más de 1.700 personas en 22 países y está dirigido por Cryogenic Industries, Inc. en el sur de California, EE. UU., que es una subsidiaria de propiedad absoluta de 51�Թ��� Co., Ltd. (TSE: 6376).