AsiaContracts and TendersEurope

GTT scores SHI order for 14 LNG carriers

By LNG Prime Staff
GTT scores SHI order for 14 LNG carriers
For illustration only (Image: Samsung Heavy Industries)

French LNG containment giant GTT has secured a large order from South Korean shipbuilder Samsung Heavy Industries.

Under the new contract, GTT will design the tanks of 14 174,000-cbm LNG carriers scheduled for delivery from the fourth quarter of 2024 to the third quarter of 2026, according to a statement.

The tanks will be fitted with GTT’s Mark III Flex membrane containment system.

GTT said that SHI is building twelve vessels for an American shipowner and two on behalf of an Asian owner.

The Paris-based firm said it won the order at the end of June, but it did not provide any additional information.

SHI revealed this order worth about $3 billion on June 22. This order is tied to the giant Qatari shipbuilding program.

Sources and brokers said that Global Meridian Holdings, part of J.P. Morgan Asset Management, is behind the order for the 12 LNG carriers.

Moreover, a Korean consortium consisting of H-Line Shipping, Pan Ocean, and SK Shipping, placed the order for the two LNG carriers.

Most Popular

LNG Terminals

PetroChina delivers first LNG cargo to Gate under long-term capacity deal

PetroChina International, a unit of state-owned PetroChina, has delivered its first LNG cargo to the Dutch Gate LNG import terminal in Rotterdam, owned by Gasunie and Vopak, under a long-term capacity deal.
Vessels

Spain’s Elcano sells steam LNG carrier

Spanish shipping firm Empresa Naviera Elcano has completed the sale of its 2003-built steam liquefied natural gas (LNG) carrier Castillo de Villalba.
Contracts and Tenders

Eni to sell stakes in Indonesian upstream assets

Italian energy firm Eni has signed agreements with Pertamina and Medco to sell stakes in upstream assets in Indonesia.

More News Like This

Vessels

MISC names QatarEnergy LNG carrier

South Korea's Samsung Heavy Industries hosted a naming ceremony for a liquefied natural gas (LNG) carrier it built for Malaysia's MISC and state-owned LNG giant QatarEnergy.
Vessels

Samsung Heavy nets order for two LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build two liquefied natural gas (LNG) carriers for approximately $494 million.
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.
Contracts and Tenders

GasEntec, Samsung Heavy ink small-scale LNG pact

South Korea-based LNG technology and assets firm GasEntec has entered into a memorandum of understanding with shipbuilder Samsung Heavy Industries to license the latter's liquefaction technology for small-scale applications between 50,000 and 1 million tons per annum.