UK-based cryogenic valve manufacturer Bestobell LNG has been growing at a rapid rate in recent years and was highly commended for its contribution to innovation in ship operations, during a lavish ceremony at London’s Guildhall for the Seatrade Awards.
The Seatrade Awards are the leading scheme for recognition of achievement and innovation within the international maritime community, seeking to promote excellence in maritime standards and to reward outstanding contribution to safety at sea and protection of the marine environment.
During the late-April awards, which were presented by Her Royal Highness The Princess Royal, Bestobell LNG was highly commended for its innovative Float Level Isolation Valve (FLIV) - which overcomes a number of safety and operational problems experienced with traditional gate valves used on the cryogenic storage tanks on LNG cargo carriers.
Bestobell LNG Director Andy Brown said, “Given that we supply equipment to just the LNG carriers, it is a real honour to have reached the final three of this prestigious award which relates to the whole maritime industry. It recognises the extensive research that has gone into the development of the FLIV.”
The award-winning product is perceived to have revolutionised safety and efficiency on liquefied natural gas carriers, by completely eliminating the risk of cutting the tape of the secondary float level gauge fitted to each storage tank, and the enormous costs and disruption of recovering the float from the tank. It is also much simpler to operate than the previous solution, and only requires one man operation instead of two to take a level reading.
Since Bestobell launched the FLIV at Gastech 2006, the company has already received orders to supply the product to 37 new build LNGC’s and shortly expects to receive the first orders for retrofit to the existing fleet. This success further builds on the company’s overall growth of late, as the British valve manufacturer’s annual sales have grown at 30% per year over the last three years and now approach $60m.