AsiaContracts and TendersEurope

GTT clinches LNG tank gig from Hyundai Heavy

By LNG Prime Staff
GTT clinches LNG tank gig from Hyundai Heavy
For illustration only (Image: HD Hyundai Heavy Industries)

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

According to a GTT statement, the 200,000-cbm LNG carriers will feature its Mark III Flex+ membrane containment system.

GTT added that HHI plans to deliver the vessels between the second and fourth quarters of 2027 to a European owner, but it did not provide any additional information.

This order is probably related to a recent announcement by HHI’s parent HD Korea Shipbuilding & Offshore Engineering.

KSOE announced orders for six LNG carriers worth abut $1.6 billion, including for two 200,000-cbm vessels scheduled for delivery by November 2027.

These two ships are worth 742.3 billion won ($555 million) or about $277.5 million per vessel

Shipbuilding sources and brokers said that Greece’s Dynagas has ordered the two LNG carriers.

Earlier this year, Dynagas also ordered three 200,000-cbm LNG carriers at HHI for about $261 million per vessel.

Most Popular

Contracts and Tenders

Baker Hughes to buy Chart in $13.6 billion deal

US energy services firm Baker Hughes has entered into a definitive deal to buy compatriot LNG equipment maker Chart Industries. The transaction is worth $13.6 billion.
LNG Terminals

Venture Global takes FID on CP2 LNG

US LNG exporter Venture Global LNG has taken a final investment decision (FID) on the first phase of its CP2 LNG project in Louisiana. The company also closed the $15.1 billion project financing, claiming that it represents the largest standalone project financing ever, and the second-largest project financing after the combined financings of Venture Global’s Plaquemines LNG.
Vessels

Adnoc L&S sells two steam LNG carriers for scrap

UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, has sold two steam liquefied natural gas (LNG) carriers for scrap, according to brokers.

More News Like This

Corporate

GTT won orders for 10 LNG carriers in H1

French LNG containment giant GTT received orders for ten liquefied natural gas carriers and seven very-large ethane carriers in the first half, while its revenue rose 32 percent compared to the same period last year.
Vessels

HD Hyundai Heavy kicks off work on Gdansk FSRU

South Korean shipbuilder HD Hyundai Heavy Industries has officially started building MOL's floating storage and regasification unit (FSRU), which will serve Gaz-System's Gdansk LNG project in Poland.
Research and Development

GTT, partners to develop new LNG carrier

French LNG containment giant GTT has signed a joint development project with seven firms to develop a 200,000-cbm LNG carrier.
Vessels

Excelerate’s FSRU launched in South Korea

South Korean shipbuilder HD Hyundai Heavy Industries has launched Excelerate Energy’s new floating storage and regasification unit (FSRU).

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