MNOK 33 firm order

KMSS "BridgeLine" takes a leading edge in the Korean newbuilding market.

Kongsberg Maritime Ship Systems (KMSS) has received firm orders for delivery of Integrated Navigation Systems to seven of the new LNG tankers by the three major Korean shipyards (Hyundai, Samsung and Daewoo). In addition KMSS has received orders for delivery of Integrated Navigation Systems to two other large LPG tankers from Hyundai. The contracts are valued MNOK 33.

"This MNOK 33 contract confirms KMSS` strong position in Korea. We are naturally delighted that our technical expertise in this important field has been recognized by the worlds leading shipbuilders", comments Vice President Svein-Erik Larsen in Kongsberg Maritime Ship Systems.

Integrated Navigation System to LNG tankers
Korean shipbuilders have achieved a market leading role in the construction of LNG tankers. Following consistent and longterm commitment to serve this market with state-of-the-art products KMSS has received a breakthrough success by receiving firm orders for its Integrated Navigation System ("BridgeLine"), to be fitted to seven of the new LNG tankers, with options for further deliveries in the future.

KMSS will provide Radar / ARPA, ECDIS - electronic chart display system, MBB - voyage data recorder, UAIS - universal automatic identification system with full integration of the navigation instruments. The "BridgeLine" assembly will be carried out in Korea.

The orders have been placed by the three major Korean shipyards: Hyundai, Samsung and Daewoo for tanker operators; SHELL Tankers (UK), BP Amoco (UK), ALSOC (Australia), Bergesen (Norway), Osprey x 2 (Singapore) and SK Shipping (Korea).

Integrated Navigation System to LPG tankers and shuttle tankers In addition to these key LNG tanker orders, KMSS also received contracts for "BridgeLine" deliveries to two other large LPG tankers from Hyundai, to be operated by CMM (Greece) in addition to two shuttle tankers from Samsung for Interocean Ugland Management.