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WINGD REPORTS STRONG FIRST QUARTER AS 2020 APPROACHES

Thursday, April 18, 2019 

WinGD is reporting a very solid order intake for the first quarter of 2020 for its low-pressure, dual-fuel two-stroke engines, as a newbuild order spree of LNG carriers affirms the market leading position of WinGD’s XDF engines.

The company says that the maritime industry’s response to the call for tighter environmental regulations combined with the 2020 sulphur cap is steadily driving the industry towards dual fuel solutions. A few recent high profile orders confirm that confidence in LNG as a marine fuel is growing to include a broader range of vessel types beyond LNGC to include Chemical & Crude Oil Tankers, Asphalt Carriers and Container Feeders. Now totalling over 200 X-DF engines on order and/or delivered, the low-pressure technology has proven to be a suitable choice for moving ahead with a more sustainable propulsion solution.

“This doesn’t mean that there isn’t still a considerable amount of debate about what the future fuels will be, but it does give owners peace of mind that their vessels will be complaint, safe and reliable for many years to come. LNG is the bridge which will get us closer to a carbon neutral future. Every day that passes more and more of the engines ordered for propelling deep sea vessels are choosing LNG as fuel. The reasons are compelling: lower emissions, less CO2 and offered at a very attractive price compared to 0.5% sulphur fuels,” said Rolf Stiefel, VP Sales at WinGD.

The first quarter of 2019 closed out with 32 new X-DF engines for WinGD. The company believes that the combination of strong running experience results and the growing infrastructure to support LNG as fuel has positioned its X-DF engines to dominate the market for dual-fuel orders.

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