ABB wins marine orders worth $75 million

Ship propulsion and power systems to maximize fuel efficiency, reliability

Zurich, Switzerland, Oct. 16, 2008 – ABB,the leading power and automation technology group, has won orders worth a total of $75 million to supply propulsion, power-generation and power-distribution systems for several new vessels to be built in South Korea.
ABB’s delivery will help the ships maximize their fuel efficiency, as well as provide a reliable power supply to improve the availability of onboard equipment. The vessels will process and transport liquefied natural gas (LNG) extracted from subsea and onshore reserves.