GTT secures new LNG tank order

France’s GTT has secured a new tank design order from South Korean shipbuilder Samsung Heavy Industries for two 174,000-cbm liquefied natural gas (LNG) carriers.

GTT announced in a statement that it secured the order in the first quarter of 2026.

The French firm said the vessels’ cryogenic tanks would be fitted with its Mark III Flex membrane containment system.

Delivery of the vessels is expected between the fourth quarter of 2028 and the first quarter 2029.

GTT did not provide further information.

Last month, Samsung Heavy said that it would build two LNG carriers for an unidentified owner in Bermuda.

Moreover, the order is valued at 727.2 billion won ($505 million), or approximately $252.5 million per vessel.

The shipbuilder will deliver these LNG carriers by January 2029.

Shipbuilding sources told LNG Prime at the time that interests associated with JP Morgan are likely behind this order.

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