Hong Kong-headquartered Luda Technology Group has signed a series of strategic cooperation agreements with several Chinese shipbuilding titans to jointly conduct the research and development (R&D) and manufacturing of specialty-material flanges and pipe fittings for ammonia-fueled vessels.
Illustration only; Archive. Courtesy of NYK
Specifically, Luda Technology Group’s arm Luda (Taian) Industrial Company has shaken hands with major vessel construction players, including China State Shipbuilding Corporation (CSSC), Haiting (Nantong) Shipbuilding Company and COSCO Shipping Heavy Industry, to carry out this initiative.
The project is described as a ‘significant’ leap forward in the Chinese shipbuilding industry’s efforts to achieve supply chain autonomy and “high-end” transformation concerning critical components.
As disclosed, under the agreements, Luda Tainan is to provide a full portfolio of products for ‘high-value-added’ vessel types currently under construction, such as liquefied natural gas (LNG) carriers, ultra-large containerships, chemical tankers, as
