GTT bags HHI tank gig for Excelerate’s FSRU

French LNG containment giant GTT has won a contract from South Korea’s Hyundai Heavy Industries to design the tanks of one 170,000-cbm FSRU the yard will build for US floating LNG player Excelerate Energy.

GTT said in a statement the tanks of the FSRU would feature the company’s Mark III Flex membrane containment system.

The Paris-based firm said HHI plans to deliver the unit in the second quarter of 2026.

To remind, Excelerate ordered this FSRU in October and will pay about $332 million for the unit.

This price is probably the highest price to date for a single FSRU of this or similar size.

Excelerate said the FSRU would have a maximum regasification capacity of one billion standard cubic feet per day (1,000 MMscf/d).

According to Excelerate, the vessel would feature HHI’s proprietary LNG regasification system, dual fuel engines, selective catalytic reduction system, boil-off gas management, and other technologies which would drive improved performance and efficiency while lowering emissions.

With this newbuild order, Excelerate will have 11 FSRUs in operation or under construction.

Most Popular

LNG carrier arrives to load first LNG Canada cargo

The 174,000-cbm GasLog Glasgow has arrived at the LNG Canada jetty in Kitimat to load the first LNG cargo produced at the Shell-led terminal, an LNG Canada spokesperson told LNG Prime on Saturday.

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.

BP seals LNG SPA with Italy’s A2A

UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with Italian electricity and gas distributor A2A.

More News Like This

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.

HD Hyundai Heavy tests BOG system on LNG-powered containership under construction

South Korean shipbuilder HD Hyundai Heavy has completed a test to verify the onshore recycling of boil-off gas (BOG) from an LNG dual-fuel container vessel currently under construction.

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

GTT clinches new LNG tank gig

France’s GTT has secured a new tank design order from HD Korea Shipbuilding & Offshore Engineering for one liquefied natural gas (LNG) carrier.