Specialist valve manufacturer Bestobell has clinched a contract worth up to $2 million to supply cryogenic valves for two liquefied natural gas (LNG) carriers being built in South Korea.
The Sheffield-based President Engineering Group subsidiary won the contract to supply globe and check valves from STX Offshore & Shipbuilding, which is building the carriers for Alpha Tankers.
Managing director Mark Henley said: “This is a very exciting contract win and is testament to the quality of our valves and the technical support we provide.
“This contract is part of our push to gain a greater share of the cryogenic valve market for new LNG carriers and it is great to be working with STX on this major new project.”
Bestobell was selected because of its expertise in producing high quality cryogenic valves for the shipbuilding industry.
The company has been a world-leader when it comes to making cryogenic valves for industrial gas applications for more than 50 years and has more than 10 years’ experience in supplying the LNG marine markets.
Bestobell’s valves are widely used on a range of liquid natural gas vessels, including carriers, floating production storage offshore vessels and floating storage re-gasification units.
The Sheffield firm will deliver the valves towards the end of 2013 and will also supply technical support and back-up for STX Offshore & Shipbuilding.