GTT bags DSIC tank order for LNG carrier trio

France’s GTT has secured a tank design order from China’s Dalian Shipbuilding Industry (DSIC) for three 175,000-cbm LNG carriers.

DSIC will build the three LNG carriers for China Energy Shipping, the Hong Kong-based JV in which Sinopec’s unit Kantons Investment holds a 49 percent stake and Shanghai Cosco Shipping LNG holds a 51 percent share.

As previously reported by LNG Prime, the shipbuilding deals worth about $700 million, or some $233.3 million per vessel, were signed on August 31.

GTT said that the vessel’s tanks will feature the Mark III Flex membrane containment system.

DSIC will deliver the vessels between the first half of 2027 and the first quarter of 2028.

Following delivery, the vessels will serve Sinopec under long-term charters deals to ship US LNG volumes Sinopec contracted from Venture Global LNG in November 2021, Sinopec previously said.

Under the 20-year sales and purchase agreements, Venture Global will supply of a total of 4 million tonnes per annum of LNG from its Plaquemines LNG export facility in Louisiana to Sinopec.

Prior to this contract, GTT secured an order from DSIC for two 175,000-cbm LNG carriers.

DSIC will build these two LNG carriers for Sea Jade Investment, a joint venture consisting of China Gas, Wah Kwong Maritime Transport, and CSSC Shipping.

Most Popular

Venture Global reveals LNG fleet details

US LNG exporter Venture Global LNG has revealed more details regarding its fleet of nine owned and three chartered liquefied natural gas carriers.

NFE working on two more FSRU charter deals

US LNG player New Fortress Energy is in advanced talks to charter two more floating and regasification units, according to its management.

CEO: Venture Global to sign multiple 20-year LNG contracts in coming quarters

US LNG exporter Venture Global LNG expects to sign and report on multiple 20-year LNG supply contracts in the incoming quarters, according to CEO Mike Sabel.

More News Like This

Yangzijiang nears completion of its first LNG carrier

Chinese private shipyard Yangzijiang Shipbuilding is nearing the completion of its first 175,000-cbm liquefied natural gas (LNG) carrier. The shipbuilder aims to resell this and its sister LNG carrier.

Cosco, PetroChina to take delivery of new LNG carrier

China's Cosco Shipping Energy Transportation and PetroChina will soon take delivery of a new liquefied natural gas (LNG) carrier.

Australia Pacific LNG pens new domestic gas deals

Australia Pacific LNG, the operator of the 9 mtpa LNG export facility on Curtis Island near Gladstone, has signed two new domestic gas sale agreements.

GTT to buy Danelec

French LNG containment giant GTT will spend 194 million euros ($219.6 million) to buy Danelec, a Danish provider of digital solutions.