AsiaContracts and TendersEurope

GTT books order from DSME for LNG carrier trio

By LNG Prime Staff
GTT books order from DSME for LNG carrier trio
For illustration only (Image: GTT)

French LNG containment giant GTT said it has secured a new order from South Korea’s Daewoo Shipbuilding and Marine Engineering.

According to a statement on Tuesday, GTT will design tanks for three 200,000-cbm LNG vessels.

GTT said it won the order in March and the vessels would feature its NO96 membrane containment system.

DSME expects to deliver the LNG carriers to an undisclosed owner in the fourth quarter of 2025.

The LNG containment specialist did not provide any additional information regarding the order.

This contract is probably related to an announcement by DSME issued on March 24.

Under that order, the Korean shipbuilder said it would build three supersized LNG carriers for about $707 million and deliver the vessels to an unidentified owner in North America by the end of December 2025.

Shipbuilding sources said that US exporter Venture Global LNG was behind this order for the three 200,000-cbm carriers, the company’s first move into LNG shipping.

Venture Global has not yet commented on this development.

Most Popular

LNG Terminals

Atlantic LNG rates drop for first time in six weeks

Atlantic spot liquefied natural gas (LNG) shipping rates fell week on week for the first time in six weeks, according to Spark Commodities.
Vessels

MISC to order five more LNG carriers for Petronas charter

Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.
Contracts and Tenders

Seatrium scores Excelerate FSRU conversion gig

Singapore's Seatrium has secured a floating storage and regasification unit conversion contract with an option for a second contract from US FSRU player Excelerate Energy.

More News Like This

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.
Vessels

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.
Vessels

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.