Parker Bestobell receives orders for cryogenic valves for 9 vessels
October 26 12:02:26, 2019
Recently, cryogenic valve supplier Parker Bestobell Marine has received the company's largest order to date, and will supply equipment for nine ships with an order value of $5 million.
Under the contract with South Korea's Daewoo Shipbuilding, Parker Bestobell will supply low-temperature shut-off valves and check valves for nine of the 15 ice-class LNG carriers.
It is reported that the new ships are used in the Yamal gas field in Siberia, Russia, and the orders for the other six ships have also been obtained by the company.
According to Parker Bestobell, sales in the marine sector have increased tenfold in the past five years, and market share has soared from less than 10% in the past to more than 30%.
