AsiaContracts and TendersEurope

GTT bags new LNG tank gig from Hyundai Samho

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

French LNG containment giant GTT has won a new order from South Korea’s Hyundai Samho Heavy Industries to design tanks for two LNG carriers.

GTT said in a statement it had received the order at the beginning of this year.

The 174,000-cbm LNG carriers will feature GTT’s Mark III Flex membrane containment system.

GTT added that HSHI plans to deliver the vessels to a Middle East shipowner in the second quarter of 2026, but it did not provide any additional information.

This contract is probably related to the two LNG carriers Oman’s Asyad Shipping recently booked at HSHI.

Each of these two LNG carriers will cost about $250.5 million and HSHI will deliver them by June 2026.

KSOE and its units HSHI and Hyundai Heavy have started the year with in total five LNG carrier orders.

These include the three 200,000-cbm LNG carriers for Dynagas and two 174,000-cbm LNG tankers for Capital Gas.

Most Popular

LNG Terminals

Venture Global seeks FERC OK to place first Plaquemines LNG phase in service

Venture Global's Plaquemines LNG is seeking approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.
LNG Terminals

US LNG exports rise to 37 shipments

US liquefied natural gas (LNG) plants sent 37 cargoes during the week ending September 30, up four shipments from the previous week, according to the Energy Information Administration.
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.

More News Like This

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.
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.