June 12, 2024 – BNK is pleased to announce the signing of a strategic partnership agreement with NINGBO INNOVAW, a leading supplier of casting aluminum. This agreement marks a significant step forward in our efforts to enhance our presence in the Korean shipbuilding market.

Under the terms of the agreement, BNK and NINGBO INNOVAW will collaborate on the supply and assembly of casting aluminum wedges, a critical component of the GTT Mark III cryogenic containment system. The casting wedges will be sourced from HYDRO CHINA, known for its high-quality extracted parts, and NINGBO INNOVAW, which will provide the casting wedges.

BNK will be responsible for the assembly, crimping, and border wedge cutting of these components, ensuring that the final product meets the highest standards of quality and precision before delivery to the shipyard. This collaboration will streamline the production process and reinforce the efficiency and reliability of the GTT Mark III system in cryogenic containment.

The partnership with HYDRO CHINA and NINGBO INNOVAW reflects a shared commitment to innovation and excellence in the shipbuilding industry. Together, we aim to leverage our combined expertise and resources to drive growth and development in the Korean market, offering state-of-the-art solutions for shipbuilders.

We believe that this partnership will pave the way for further advancements in the industry, fostering deeper cooperation and creating new opportunities for all parties involved. BNK looks forward to a fruitful collaboration with NINGBO INNOVAW and HYDRO CHINA, working together to achieve our shared goals and contribute to the future of shipbuilding in Korea.

Media contact:

maxim@bnk21.com / +82 (0)51 782 62 62