AsiaContracts and TendersEurope

Hyundai Samho awards new LNG tank job to GTT

By LNG Prime Staff
Hyundai Samho awards new LNG tank job to GTT
Image: Hyundai Samho Heavy Industries

French LNG containment giant GTT has secured a new order from South Korea’s Hyundai Samho Heavy Industries.

According to a statement on Monday, GTT will provide design and associated engineering services for the tanks of one 174,000-cbm LNG carrier.

Also, GTT said the vessel would feature its Mark III Flex membrane containment system

HSHI should deliver the vessel in the third quarter of 2024 to an unidentified owner.

GTT did not provide any additional information.

Two weeks ago, the Paris-based firm also revealed an order from the Korean shipbuilder for two LNG carriers.

This newest order could be related to an announcement by HSHI’s parent KSOE on February 21.

KSOE said then that HSHI would build one LNG carrier for about $217 million and deliver it by August 2024 to an unidentified Asian shipowner.

Brokers said that Hyundai Glovis had ordered this LNG carrier while Woodside would charter the vessel.

Most Popular

Contracts and Tenders

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
LNG Terminals

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.
Vessels

Hanwha Ocean, Posco plan to build LNG carrier with high-manganese steel tanks

South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.

More News Like This

Research and Development

Shell, GTT, and LR to develop new LNG carrier

UK-based LNG giant Shell, French LNG containment specialist GTT, and classification society Lloyd’s Register have launched a joint development project to develop a conceptual 200,000-cbm LNG carrier combining hybrid-electric propulsion with GTT’s Next1 LNG cargo containment technology.
Vessels

NYK’s LNG carrier named in South Korea

South Korea’s Hyundai Samho hosted a naming ceremony for a new liquefied natural gas (LNG) carrier owned by Japan's NYK and chartered by Mitsubishi’s unit Diamond Global Energy.
Vessels

LR: 200,000 cbm LNG carriers could deliver $85.5 million benefit to owners

Classification society Lloyd’s Register (LR) has identified 200,000 cbm LNG carriers as a "credible next step" for global LNG fleet renewal, with a potential owner benefit of approximately $85.5 million over 30 years.
Vessels

China’s Hudong-Zhonghua develops new LNG carrier design

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a new LNG carrier design that features GTT's Next1 containment tech.