Nikkiso Signs Agreement with Maran Tankers Management to Provide After-Sales Service Support

Temecula, Calif.–(ANTARA/Business Wire)– Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) announced today that they have signed a long-term service agreement with the oil tanker shipping company Maran Tankers Management Inc.

Under the agreement, Nikkiso CE&IG will provide comprehensive global after-sales support for Maran Tankers’ high-pressure pumps, including scheduled cold-end valve repairs at predetermined intervals. To ensure minimal completion times, Nikkiso CE&IG will maintain critical stock across its worldwide Marine Hubs, allowing cold-end parts to reach vessels in days rather than the months typical in the industry. Nikkiso CE&IG will also offer technical guidance to Maran Tankers and perform advanced overhauls during scheduled dry-docking periods.

Sean Fanniff, President of the Cryogenic Services Business Unit at Nikkiso CE&IG, said: “With a number of Marine Hubs across Southeast Asia, Europe, the Middle East, the United States, and China, we can deliver a coordinated global approach and port-to-port services to our clients without interruption.

“Maran Tankers is a leading operator in the tanker shipping industry, and this agreement represents a further step in our efforts to expand in the maritime market. We look forward to ongoing collaboration in the future to support Maran Tankers’ fleet.”

This agreement follows the signing of a strategic service partnership with Exion Asia Pte Ltd as part of Nikkiso CE&IG’s ongoing efforts to strengthen its position as a trusted partner in the maritime market.

About Nikkiso Clean Energy & Industrial Gases Group

Nikkiso Clean Energy & Industrial Gases Group is a leading provider of cryogenic equipment, solutions, and services worldwide. The company meets the growing market demand for low-carbon energy and industrial gases through innovative products and collaborative solutions. We support the future of the energy, transportation, maritime, aerospace, and industrial gas markets.

The Group is led by Cryogenic Industries, Inc., in which Nikkiso Co., Ltd. (TSE: 6376) has a 100% ownership stake.