BW LNG and Burckhardt Compression Agree on 10-Year Partnership for 9 LNG Carriers

BW LNG and Burckhardt Compression signed a ten-year service agreement covering nine LNG carriers with Laby®-GI Compressors on board. Building on their existing long-term relationship, the two companies agreed to a tailormade "Fleet Management Solution" which provides a total care package supported by the latest monitoring diagnostics.

Both companies' BW LNG and Burckhardt Compression share similar views on Health and Safety, acknowledging it as the foundation for Operational Excellence. This partnership was established to formally cement and promote the holistic and sustainable service standards that are necessary in a changing and uncertain world. The contract marks a significant milestone in Burckhardt Compression's strategy to offer lifecycle solutions tailored to customer needs. The new long-term service agreement (LTSA) was developed together with the BW LNG experts to provide services on board that add value to the operation of the vessels, such as improved lifecycle costs, operational efficiency and accurate preventive maintenance.

'This LTSA is an important milestone for us. We are proud to provide not only strong compressor technology but also tailormade service solutions together with and for our partner BW LNG. We are confident that this arrangement will ensure safe and smooth operations for the vessels and their crews on board." says Marcel Pawlicek, CEO, Burckhardt Compression.

The scope of the LTSA covers scheduled maintenance of the compressors, dedicated supervision, as well as preventive maintenance via remote diagnostics, field services, and fleet management over a period of ten years. The Burckhardt Compression fleet manager will, together with technical experts, monitor the performance of the units and continuously optimize the maintenance cycles in line with the operational requirements of the crew. Compressor maintenance will be carried out during vessel operations for maximum efficiency. All nine LNG carriers are ME-GI powered and equipped with Laby®-GI Compressors for BOG management.

About BW LNG

BW LNG is a part of BW Group. BW Group is one of the world's leading global maritime companies involved in shipping, floating gas infrastructure and deepwater oil & gas production. Founded in 1955 by Sir YK Pao as World-Wide Shipping, the company operates the world's largest gas shipping fleet, with a total of over 120 gas vessels including three floating gas terminals. Hafnia, a member of BW Group, operates the world's largest fleet of oil product tankers, and BW Offshore comprises the second largest number of floating oil and gas production units (FPSOs). BW's controlled fleet of over 350 ships also includes crude oil supertankers, and dry bulk carriers.

About Burckhardt Compression

Burckhardt Compression is the worldwide market leader for reciprocating compressor systems and the only manufacturer and service provider that covers a full range of reciprocating compressor technologies and services. Its customized compressor systems are used in the upstream oil & gas, gas transport and storage, refinery, chemical, petrochemical and industrial gas sectors. Burckhardt Compression's leading technology, broad portfolio of compressor components and the full range of services help customers around the world to find the optimized solution for their reciprocating compressor systems. Since 1844 its highly skilled workforce has crafted superior solutions and set the benchmark in the gas compression industry.

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For further information, please visit www.burckhardtcompression.com.

Further Information:
Nadja von Ow
Marketing Communications Manager - Services Division
Tel.:+41 52 262 57 09
Nadja.vonOw@burckhardtcompression.com

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