Cryonorm LNG Fuel System for Erik Thun cement carrier #3

Cryonorm Systems receives order to supply the LNG fuel system onboard the third LNG powered cement carrier for Erik Thun A.B. Sweden.

This ship will be a sister ship of the Greenland and Ireland which both are currently sailing with a 130m3 Cryonorm LNG Fuel System onboard.

The new order consists of a turn-key supply Marine LNG fuel system with an increased tank size of 200m3 vertical shaped vacuum insulated type C installed inside the bow of the vessel hull.

Ferus Smit and Cryonorm Systems reached an agreement early March to partner in this important project.

"The fact that Erik Thun and KGJ Cement continue to invest in LNG Fueled vessels and the trust we receive from both Thun, KGJS and Smit is the confirmation of our good position in the market as a reliable supplier of LNG fuel systems. It also shows that LNG as fuel is not a soap bubble" says Jos Glorie, business development director of Cryonorm Systems.

Delivery of the vessel is scheduled mid-2019.

About Ferus Smit

Ferus Smit Shipyard has been active in shipbuilding for over 100 years with a history of hard work and rowing upstream, if necessary. This past reflects in a solid family-owned company, focusing on long term continuity, innovation and relationships.

Ferus Smit keeps both design & engineering and production of their ships for 100% in-house. With a workforce of 200 people Ferus Smit builds 6 to 8 high quality innovative vessels annually. www.Ferus-Smit.nl

About Erik Thun AB

Shipping has been the main business of the Erik Thun Group since 1938.

The Erik Thun Group, a family-owned company in the second generation, holds a strong market position in northern Europe, where they own and operate around 40 vessels. These are mainly conventional coastal dry cargo vessels, self-unloading vessels, product tankers and cement carriers. www.thun.se

About KGJ Cement AS

KGJS Cement Holding AS (KGJ Cement) is an international shipping company that owns, operates and manages the world's largest pneumatic cement carrier fleet. The company's fleet is trading world-wide with sizes ranging from 1,700-29,000 dwt.

www.kgjcement.com

About Cryonorm Systems:

Cryonorm Systems is part of the Cryonorm group and is a leading supplier of turn-key small and medium scale LNG Systems. The LNG systems are developed to meet the international marine standards as well as the applicable regulations.

Since 2010 Cryonorm is active with building Marine LNG Fuel Systems.

Our scope ranges from project design, manufacturing, detailed engineering to installation and commissioning of complete LNG systems for the increasing market of small and mid-scale LNG. www.cryonorm.com