AsiaContracts and TendersEurope

GTT books new LNG tank contract from Hyundai Samho

By LNG Prime Staff
GTT books new LNG tank contract from Hyundai Samho
For illustration only (Image: Hyundai Samho)

South Korea’s Hyundai Samho Heavy Industries has contracted France’s GTT to design tanks for new liquefied natural gas (LNG) carriers.

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

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

HSHI will deliver the vessel in the first quarter of 2026 to an unidentified owner in Europe.

GTT said it won the order in the second quarter, but it did not provide any additional information.

This contract could be related to an announcement by HSHI’s parent KSOE on June 16.

KSOE said in that announcement that HSHI would build two 174,000-cbm LNG carriers for $480 million, or about $240 million per vessel, and deliver them by March 2026 to an unidentified shipowner based in Oceania.

This order is tied to Evangelos Marinakis-led Capital Gas.

Last year, Capital Gas ordered in total four 174,000-cbm LNG carriers at Hyundai Heavy and one at Hyundai Samho.

With this new order, the Greek company’s managed fleet will rise to 14 vessels.

Most Popular

LNG Terminals

Cheniere progresses commissioning of second Corpus Christi expansion train

US LNG exporting giant Cheniere is moving forward with commissioning activities at the second train of the Corpus Christi Stage 3 expansion project in Texas following the substantial completion of the first unit.
LNG Terminals

Freeport LNG to launch Noble gas project

Freeport LNG, the operator of the 15 mtpa liquefaction plant in Texas, has won an extension of time from the US FERC to construct and place into service its Noble gas project. The LNG terminal operator plans to launch the project this month.
LNG Terminals

Excelerate’s FSRU leaves Spanish yard to start Wilhelmshaven job

Excelerate’s 138,000-cbm FSRU Excelsior has left the yard in Spain's El Ferrol. The unit will first visit the Netherlands prior to heading to Wilhelmshaven, according to state-owned German LNG terminal operator DET.

More News Like This

Research and Development

GTT gets LR OK for Mark III’s ammonia-ready notation

French LNG containment giant GTT has secured approval from classification society Lloyd’s Register for the ammonia-ready notation of its Mark III containment system.
Vessels

HD Hyundai Samho clinches $262 million LNG carrier order

South Korea’s HD Hyundai Samho has secured an order to build one liquefied natural gas (LNG) carrier for about $262 million.
Vessels

Knutsen, Orlen name LNG carrier duo in South Korea

Norway’s Knutsen and Poland’s Orlen named two newbuild liquefied natural gas (LNG) carriers in South Korea.
Vessels

HD Hyundai Samho kicks off work on Nakilat’s LNG carrier

South Korean shipbuilder HD Hyundai Samho has officially started building Nakilat’s first of two LNG carriers as part of an order placed last year.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA