AsiaContracts and Tenders

China’s COSCO Shipping inks LNG tank deal with GTT

By LNG Prime Staff
China's COSCO Shipping inks LNG tank deal with GTT
Image: GTT

French LNG containment giant GTT said it has signed a technical assistance and license agreement with a unit of China’s COSCO Shipping.

This deal enables COSCO Shipping Qingdao to offer solutions using GTT’s membrane containment systems for the construction of several types of LNG storage for both marine and onshore applications, the Paris-based firm said in a statement.

COSCO Shipping Qingdao obtained its license from GTT after the firm had completed a qualification process that began in June 2019, including the construction of a GST technology mock-up.

“This agreement represents a further step forward in the deployment of GTT technologies in China, making COSCO Shipping Qingdao the second Chinese licensed GTT outfitter,” the firm said.

In addition, COSCO Shipping Qingdao is currently investing in a large-scale mock-up, training center as well a set of equipment for the installation and welding of GTT’s membrane technology, it said.

Most Popular

Contracts and Tenders

Woodside: RWE’s deal with Stonepeak has no impact on Louisiana LNG ownership structure

RWE's agreement with US private equity firm Stonepeak has no impact on Louisiana LNG ownership structure, a Woodside spokesperson told LNG Prime.
Contracts and Tenders

McDermott JV lands Rovuma LNG gig

Houston-based McDermott, through a consortium with Italy’s Saipem, South Korea's Daewoo Engineering & Construction, and China Petroleum Engineering and Construction Corporation, has been awarded a letter of intent including limited engineering and procurement services for the ExxonMobil-led Rovuma LNG project in Mozambique.
Vessels

BW’s steam LNG carrier set for FSRU conversion

BW LNG's 2006-built steam vessel, LNG Benue, is set to be converted into a floating storage and regasification unit, according to China’s Huarun Dadong Dockyard (HRDD).
spot_img

More News Like This

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.
Corporate

GTT secured orders for 56 LNG carriers in H1

French LNG containment giant GTT received orders for 56 liquefied natural gas carriers, two very large ethane carriers, one FSRU, and five LNG storage tanks in the first half of this year, while its revenue decreased 0.4 percent compared to the same period last year.
Contracts and Tenders

GTT bags contract for Petronas-chartered LNG carriers

GTT's marine unit has secured a contract to equip Petronas-chartered liquefied natural gas (LNG) carriers with its digital solutions.
Contracts and Tenders

GTT lands new LNG tank contract

France’s GTT has secured a new tank design order from South Korean shipbuilder Samsung Heavy Industries for one 174,000-cbm liquefied natural gas (LNG) carrier.