GTT bags SHI tank contract for two LNG carriers

South Korea’s Samsung Heavy Industries has contracted Paris-based GTT to design tanks for two 174,000-cbm LNG carriers.

Both of the vessels would feature GTT’s Mark III Flex membrane containment system, GTT said in a statement on Tuesday.

Samsung Heavy would deliver the vessels to an unidentified owner between late 2024 and early 2025, GTT said, but it did not provide any additional information.

The Korean yard has this month revealed orders for in total four LNG carriers.

This includes an order for three LNG carriers for two owners and a contract for a single LNG carrier.

In total, SHI won orders for 21 LNG carriers this year.

Most Popular

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

Swan Energy, Nebula’s AG&P LNG plan Indian JV

Swan Energy said on Friday it had signed a heads of agreement with AG&P Terminals &Logistics (Singapore). The two firms...

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

More News Like This

GTT CEO: LNG carrier replacement market poised for significant growth

Choimet officially took over as GTT CEO in June this year and has since then been on the road...

GTT gets OK for three-tank LNG carrier design

LR announced the approval in principle for the LNG carrier design in a statement on Wednesday. According to the classification...

Japan’s NYK adds newbuild LNG carrier to its fleet

South Korea's Samsung Heavy Industries delivered the 174,000-cbm Quest Kirishima on Monday. NYK said the vessel will be deployed under...

GAIL, K Line ink long-term charter deal for newbuild LNG carrier

GAIL revealed the signing of the charter deal for one 174,000-cbm LNG carrier in a statement on Friday. The company...