Hyundai Samho awards new LNG tank gig to GTT

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

Under the contract awarded in the first quarter of this year, GTT will design the tanks of two LNG carriers with a capacity of 174,000 cbm.

Accordingt to a GTT statement, the vessels will feature GTT’s Mark III Flex membrane containment system.

GTT added that HSHI plans to deliver the LNG carriers to a European shipowner in the first quarter of 2027, but it did not provide any additional information.

This deal is probably related to a recent contract HSHI’s parent HD Korea Shipbuilding & Offshore Engineering announced for two LNG carriers worth about $519 million.

HSHI will deliver these vessels by March 2027.

Shipbuilding sources told LNG Prime at the time that Greece’s Capital Gas is the owner behind this order.

Most Popular

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.

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.

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

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.

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.

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.

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.