GTT bags DSIC order for two more LNG carriers

France’s GTT confirmed a tank design order for two more 175,000-cbm LNG carriers with China’s Dalian Shipbuilding Industry (DSIC).

GTT said in a statement on Tuesday it had won the order in the second quarter of this year.

DSIC will build the LNG carriers for CMES LNG Carrier Investment and the vessels will feature GTT’s Mark III Flex membrane containment system.

The delivery of the vessels is scheduled between the fourth quarter of 2026 and the first quarter of 2027.

China Merchants Energy Shipping (CMES), a unit of China Merchants Group, announced this order for two more 175,000-cbm LNG tankers in May this year, boosting the total to eight vessels.

The firm said it will pay $235 million for each of the 299.7 meters long LNG carriers.

In addition to two LNG carriers, CMES also two methanol-ready Aframax tankers at DSIC.

The total price tag for the four ships stands at $588.3 million.

DSIC recently kicked off construction of the first of eight LNG carriers for CMES.

In March last year, CMES placed an order for two dual-fuel LNG carriers for $380 million, DSIC’s first order for large LNG carriers.

After after, CMES exercised an option for two more LNG carriers worth $400 million, and added two more vessels in December 2022 with a price tag of about $470 million.

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