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It is reported that the new contract for FLIV valve is signed with Shanghai Hudong Shipbuilding Co., Ltd., a partner of Bestobell's Chinese partner, Valseal International Ltd., for the 6 LNG carriers that China National Marine and Merchant Marine Mitsui will build in Hudong Zhonghua. .
The acquisition of the contract will help strengthen Bestobell's cryogenic valve's position as a major supplier to the growing Chinese LNG carrier construction market. Since the FLIV valve was first introduced to the market in 2007, the world's 60% LNG carrier has been equipped with FLIV valves.
Bestobell Valves has received a new large contract to bring its revolutionary, patented FLIV valve to more than 100 global contracts.