Valmet receives a vessel methanol fuel conversion order from CSSC Qingdao Beihai Shipbuilding Co. Ltd, China

Valmet Oyj trade press release, September 12, 2024, at 9:30 a.m. EEST

Valmet has been selected to deliver automation solutions for methanol fuel conversion projects aboard two CMA 9300SHI container ships. The vessels will be upgraded at CSSC Qingdao Beihai Shipbuilding Co. Ltd (QBS), China, for the French operator CMA CGM.

The order was included in Valmet’s orders received of the second quarter 2024. The value of the order will not be disclosed.

“Valmet is the pioneer of methanol fuel conversion vessels. We are confident that Valmet’s advanced technology and strong local project execution capabilities will ensure a successful delivery,” says Mr. Li Guodong, Deputy Director at the ship repair branch of QBS.

“This is Valmet’s first automation retrofit order in the Chinese marine market. We are delighted to be selected for this project. Valmet has a long history in marine and know-how in methanol fuel retrofits. We will continue to support CMA CGM to stay competitive in the global shipping market and strengthen our cooperation with QBS,” says Curry Qian, Senior Manager, EPS Sales, Automation Systems, Valmet.

Technical information about the delivery

The delivery includes applying a methanol control system and a methanol safety system.

About CSSC Qingdao Beihai Shipbuilding Co. Ltd

CSSC Qingdao Beihai Shipbuilding Co. Ltd (QBS) is a state-owned shipyard operating as part of CSSC Group. It is located in Haixiwan and offers newbuilding, repair, conversion, and offshore services. QBS has 3,000 employees.

About CMA CGM

CMA CGM Group is a global player in sea, land, air, and logistics solutions, serving more than 420 ports across five continents with a fleet of around 623 vessels. Present in 160 countries through its network of more than 400 offices and 750 warehouses, it employs 155,000 people, including nearly 4,000 in Marseille, where its head office is located.

VALMET
Corporate Communications

For further information, please contact:
Curry Qian, Senior Manager, EPS Sales, Automation Systems, Valmet, tel. +86 138 1789 5351

Valmet has a global customer base across various process industries. We are a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries, and with our automation and flow control solutions we serve an even wider base of process industries. Our more than 19,000 professionals around the world work close to our customers and are committed to moving our customers’ performance forward – every day.

The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. Valmet’s net sales in 2023 were approximately EUR 5.5 billion.

Valmet’s shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland

Processing of personal data