BW LPG LPG Retrofits from PrimeServ of MAN Energy Solutions

MAN Energy Solutions announced the first four retrofit orders in September 2018 in advance of the official launch of the ME-LGIP engine at its Research
BW LPG LPG Retrofits from PrimeServ of MAN Energy Solutions
BW LPG LPG Retrofits from PrimeServ of MAN Energy SolutionsMAN Energy Solutions

MAN Energy Solutions announced the first four retrofit orders in September 2018 in advance of the official launch of the ME-LGIP engine at its Research Centre Copenhagen, and exchanged the contract publically with BW LPG during the event. Two +4 options were subsequently confirmed with this new +3 option making a total of 15 vessels for ME-LGIP retrofits.

The confirmation of the latest option follows on the heels of the successful ME-LGIP conversion in late-October 2020 of the main engine aboard BW LPG’s LPG carrier, ‘BW Gemini’ making it the world’s first commercial vessel to be propelled by a two-stroke LPG dual-fuel engine.

The vast majority of current orders for LPG carriers over 30,000 cubic metres are with ME-LGIP technology, enabling these vessels to use their own cargo as fuel in the future. In my view, LPG as a low-carbon fuel is well on its way to becoming the new market standard in this segment.”

With LPG as a marine fuel, the BW Gemini’s output efficiencies rise by around 10% against fuel oil, which will in turn generate notable gains in total voyage fuel-economics. This, along with other advantages, secures LPG’s position as a long-term, sustainable marine fuel.

Cost-wise, LPG is also a better option than compliant fuel oil, with high lifetime-savings prospects. By leveraging LPG as a marine fuel, BW LPG’s vessels benefit from savings due to lower fuel consumption and full dual-fuel flexibility, which guards against price sensitivity to post-2020 fuel price fluctuations. Furthermore, the ability to use LPG cargo as a supplemental fuel source also reduces time and fees for fuel bunkering.

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