Innovation Fund, Denmark (2019)

New technology reduces power consumption by 40%

The customer’s challenge

Our solution

The outcome

Find a way to liquefy natural gas using less energy

– that was the mission when Innovation Fund Denmark awarded its research grant in 2016 to our division for liquefied natural gas (LNG) solutions, and the Danish Technical University (DTU).

This is an example that it is a good investment for society to invest in maritime research. Specifically, we can now look forward to more environmentally friendly shipping, new global market opportunities for the companies and, potentially, more jobs –not the worst combination!

Peter Høngaard Andersen, Director, Innovation Fund Denmark

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