Amarcon and GTT Ink Cooperation Agreement

Amarcon and GTT Ink Cooperation Agreement

Amarcon, a member of the ABB group, has signed a cooperation agreement with GTT (Gaztransport & Technigaz) to market and further develop a forecasting and advice software system for sloshing prevention onboard LNG carriers.

In the coming years, a significant growth in the long distance transport of LNG is expected. Consequently, a considerable number of new build LNG carriers will come into the market. It is clear that the safe operation of these vessels will be imperative.

To respond to this demand, last year Amarcon and GTT already announced the joint effort on development of sloshing prevention software for LNG Carriers. The sloshing prevention is an advanced module within Amarcon’s OCTOPUS advisory suite that will forecast and advise the crew with optimum route to achieve time savings while preventing risk for sloshing. Sloshing prevention will greatly boost the LNG tanker’s safe conditions and optimize the operational availability of the ships.

GTT (Gaztransport & Technigaz) is a French engineering company formed in 1994 specializing in designing and licensing the construction of cryogenic LNG storage tanks for the shipbuilding industry.

Amarcon, a fully owned subsidiary of ABB, provides monitoring and forecasting software solutions for performance and availability optimization of sea-going vessels, and is the leader in vessel motion prediction solutions. ABB acquired Amarcon in august 2012 as an important step to expand its marine software offering. Today, ABB offers a wide range of marine advisory and optimization systems to the maritime and offshore market.

[mappress]

Press Release, April 17, 2013