South Korea’s Samsung Heavy awards new LNG tank job to GTT

South Korean shipbuilder Samsung Heavy Industries has awarded a new contract to French LNG containment giant GTT.

GTT said in a statement on Monday it would design the tanks for three 180,000-cbm LNG tankers.

Moreover, the new vessels will feature GTT’s Mark III Flex membrane containment system.

GTT added Samsung Heavy would deliver the vessels to an unidentified owner between the second quarter of 2023 and the first quarter of 2024.

The firm did not disclose any additional information.

Samsung Heavy revealed this order in a stock exchange announcement last week.

The shipbuilder said it would build three LNG carriers for an Oceania-based owner for about $580 million.

Samsung Heavy also did not reveal any additional information but several brokers reported after the announcement that Denmark’s Celsius Shipping could be the owner behind the new order.

Celsius has already four 180,000-cbm vessels on order at Samsung. The firm took delivery of three of these carriers while the fourth will join its fleet later this year.

Most Popular

Atlantic spot LNG rates drop below $80,000 per day

Atlantic spot LNG shipping rates continued to drop this week, decreasing below $80,000 per day, according to Spark Commodities.

MISC orders LNG vessel for charter to Petronas

Malaysian LNG shipping firm MISC has ordered one 18,700-cbm LNG carrier from China's Hudong-Zhonghua, backed by a 10-year charter deal with a unit of its parent Petronas.

Singapore grants new LNG bunkering licenses

Singapore's Maritime and Port Authority (MPA) has awarded eight new licenses to supply LNG as a marine fuel in the port from September 1, 2026.
spot_img

More News Like This

Conrad, Samsung Heavy get ABS OK for LNG bunkering barge

Shipbuilders Conrad and Samsung Heavy received approval in principle from classification society ABS for the basic design of a 12,000-cbm LNG bunkering articulated tug-barge (ATB) intended for construction in the United States.

GTT expects 550 LNG carrier orders by 2035

French LNG containment giant GTT expects approximately 550 orders for large LNG carriers over the next ten years, according to chief executive Francois Michel.

GTT secured orders for 56 LNG carriers in H1

French LNG containment giant GTT received orders for 56 liquefied natural gas carriers, two very large ethane carriers, one FSRU, and five LNG storage tanks in the first half of this year, while its revenue decreased 0.4 percent compared to the same period last year.

GTT bags contract for Petronas-chartered LNG carriers

GTT's marine unit has secured a contract to equip Petronas-chartered liquefied natural gas (LNG) carriers with its digital solutions.