GTT bags tank gig for CMA CGM’s LNG-powered containerships

French LNG containment giant GTT has secured an order from HD Korea Shipbuilding & Offshore Engineering to design the tanks of CMA CGM's 12 LNG-powered containerships.

Under these new orders, HD Hyundai Heavy Industries (HHI) and HD Hyundai Samho (HSHI) will each build six containerships.

Each ship will have a capacity of 15,500 teu and integrate LNG tanks with a total volume of 12,700 cbm, according to GTT.

These tanks will incorporate GTT’s Mark III Flex membrane containment system, while deliveries of the vessels are scheduled between the second quarter of 2027 and the second quarter of 2028, GTT said.

Using LNG as fuel ensures compliance with regulations on emissions of nitrogen oxides, sulphur oxides, CO2, and particulate matter, according to GTT.

For instance, GTT estimates that choosing LNG to power a large 15,000-teu containership saves around 25,000 tonnes of CO2 per year compared with heavy fuel oil propulsion.

LNG Prime reported on July 15, citing shipbuilding sources that CMA CGM, one of the world’s largest backers of LNG as fuel, has ordered 12 LNG dual-fuel container vessels at two yards owned by South Korean conglomerate HD Hyundai.

HD KSOE said in two separate fillings to the stock exchange that HD Hyundai Samho and HD Hyundai Heavy will each build six containerships for an unidentified European company.

Moreover, the group said each order has a price tag of about 1.84 trillion won or 3.68 trillion won for the 12 vessels.

This equals about $2.66 billion or some $222 million per vessel.

Most Popular

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

Shell’s LNG Canada expansion project to get boost from government

Canadian Prime Minister Mark Carney named the planned second phase of Shell's LNG Canada export project as one of the major projects the federal government would help fast-track.

More News Like This

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

Hudong-Zhonghua gets approvals for new LNG bunkering vessel

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a 25,000-cbm LNG bunkering vessel design it jointly developed with French LNG containment specialist GTT.

GTT clinches tank gig from Hanwha Ocean

French LNG containment giant GTT has secured a new tank design order from South Korean shipbuilder Hanwha Ocean during the third quarter.

CMA CGM’s LNG-powered giant floated out in China

China’s Hudong-Zhonghua has launched the third in a new series of 24,000-teu LNG dual-fuel containerships for French shipping giant CMA CGM.