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2015-05-28

Wärtsilä Oyj Abp: First 'Dragon' class liquid gas transport vessel featuring Wärtsilä integrated systems and engines is delivered

Wärtsilä Corporation, Trade press release, 28 May 2015 at 10 am EET

The first in a series of 27,500 cbm 'Dragon' class vessels ordered by Evergas,
a world renowned owner and operator of seaborne petrochemical and liquid gas
transport vessels, is being delivered from the Sinopacific
Offshore&Engineering (SOE) shipyard in China today. The vessel features a
comprehensive Wärtsilä solutions package, including two Wärtsilä 50DF
dual-fuel engines, Wärtsilä propulsion equipment including the gearbox, two
Wärtsilä 20DF auxiliary generating sets, a Wärtsilä LNG fuel system and a
Wärtsilä cargo handling system. The various systems are fully integrated to
achieve maximum efficiencies. The order with Wärtsilä was placed in the
beginning of 2013.

The 'Dragon' class ships are to be chartered by INEOS Europe for the
transportation of ethane to Europe from the Mariner East project in the USA.
The carriers are purpose built for the transportation of ethane, although
they in addition can carry a wide range of petrochemical gases and LPG.
Operational safety and efficiency, economic fuel consumption, and compliance
with all applicable environmental regulations were the overriding
considerations in the placing of the contract with Wärtsilä.

The various individual Wärtsilä solutions are integrated to form a fully
optimised package. Furthermore, by engineering and supplying the complete
cargo plant, the gas fuel supply system and the propulsion plant enables
Wärtsilä to achieve optimal energy consumption efficiency for the entire
vessel. This is clearly demonstrated, for example, where the LNG supply
system is integrated with the cargo handling system so that it can be used to
cool the cargo. In so doing, less energy and power is needed to keep the
cargo temperature suitably low, thus providing a more efficient and
environmentally sound overall system.

"The delivery of the first in this series of the Dragon class vessels marks
the beginning of a new era in the transportation of liquefied gases. The
highly advanced technological solutions that Wärtsilä provides makes these
ships the most modern and environmentally sustainable gas carriers ever
built," says Steffen Jacobsen, CEO, Evergas.

The Dragon class vessels are 180 metres long and 26.6 metres wide with a draft
of approximately 9 metres. They represent the largest ethane carriers in
their class in the world.

Link to press release published 15 April, 2013:
Wärtsilä to supply integrated solutions for new series of environmentally
sustainable LNG carriers

Link to image

Media contacts:

Mr Jens Karlsson
General Manager, Sales
Wärtsilä Ship Power
Tel. +358 40 748 6638
jens.karlsson@wartsila.com

Mr Kjell Ove Ulstein
Business Development Manager
Wärtsilä Oil and Gas Systems
Tel. +47 91624073
kjellove.ulstein@wartsila.com

Ms Marit Holmlund-Sund
Senior Manager Marketing, Communications, Ship Power
Wärtsilä Corporation
Tel: +358 10 709 1439
marit.holmlund-sund@wartsila.com

Wärtsilä in brief:

Wärtsilä is a global leader in complete lifecycle power solutions for the
marine and energy markets. By emphasising technological innovation and total
efficiency, Wärtsilä maximizes the environmental and economic performance of
the vessels and power plants of its customers.
In 2014, Wärtsilä's net sales totalled EUR 4.8 billion with approximately
17,700 employees. The company has operations in more than 200 locations in
nearly 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX
Helsinki, Finland.
www.wartsila.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wärtsilä Oyj Abp via Globenewswire

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