Hexagon Agility Receives Orders from UPS for CNG Trucks

Source: www.gulfoilandgas.com 3/29/2021, Location: Europe

Hexagon Agility, a business of Hexagon Composites, signed a master services agreement in October 2019 with UPS, the world's largest package delivery company, to supply compressed natural gas (CNG) and renewable natural gas (RNG) fuel systems for medium and heavy-duty trucks as well as terminal tractors.

Hexagon Agility has received its first 2021 orders under this agreement, which represent an estimated total value of USD 8.1 million (approx. NOK 69 million). These orders are for ProCab systems for heavy-duty trucks.

Driving Energy Transformation
"We are proud of our long-term collaboration with UPS, a front-runner in clean transportation,” says Seung Baik, President, Hexagon Agility. “UPS continues to pave the way, expanding and improving its smart logistics network by implementing new technologies and clean fuels to create a highly sustainable network. We are excited to support them in reaching their sustainability targets.”

Timing
Deliveries of the fuel systems are scheduled to start in the third quarter of 2021.


Malaysia >>  4/29/2021 - PETRONAS LNG Ltd. (PLL) has signed a Time Charter Party (TCP) for three newbuild 174,000 cubic metres LNG vessels with shipowner, Hyundai LNG Shipping...
Greece >>  4/21/2021 - Dynagas LNG Partners LP, an owner and operator of liquefied natural gas (“LNG”) carriers, announced that it has entered into a new time charter party ...

United Kingdom >>  4/15/2021 - Babcock International’s LGE business has signed frame agreements with Hyundai Heavy Industries, Hyundai Samho Heavy Industries and Hyundai Mipo Dockya...
South Korea >>  4/14/2021 - The Korean Register (KR) has developed new class rules that completely revise the existing structural rules for membrane-type LNG carriers.

...


South Korea >>  4/14/2021 - The Korean Register (KR) has awarded Approval In Principle (AIP) for an LNG carrier with a prismatic IMO type-B tank built by Hyundai Mipo Dockyard. T...
South Korea >>  4/14/2021 - Korean Register (KR) and DSME have competed the world’s first ship to ship (STS) LNG loading for gas trial. The SM JEJU LNG2 has supplied LNG in the S...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.