Babcock’s ecoSMRT Photo: Babcock LGE
Babcock’s liquid gas equipment (LGE) business has secured contracts valued at around £100 million since October 2019.
The new contracts comprise a mix of LPG, Ethane and ecoSMRT supply contracts, primarily to major shipyards in Korea and China for international ship-owners, chartering to various customers and energy majors.
“With the LNG market yet to reach maturity we look forward to showing future customers the benefits of ecoSMRT,” said Neale Campbell, Babcock LGE managing director. “The technology provides customers with through life savings, making it an important solution for LNG ship-owners.
“These contracts marks our continued successful cooperation with major shipyards where Babcock LGE has already won supply contracts in 2020 for another ecoSMRT, cargo handling systems for a 38,000cbm contract in Korea and very large ethane carriers in China.”
Developed in collaboration with Hyundai Heavy Industries, Babcock’s ecoSMRT is now the market leading solution for LNG boil-off gas management. The solution provides high-efficiency reliquefaction of LNG boil-off gas, using only a single mixed refrigerant circuit, without the need for external pre-cooling. This not only provides a significant reduction in footprint, but also means that ecoSMRT requires just a single compressor, translating to lower maintenance requirements and reduced spares inventory.