GTT books another LNG tank order

French LNG containment giant GTT continues to book new orders on the back of a strong demand for LNG carriers at yards in South Korea and China.

The Paris-based firm said in a statement on Tuesday it won a contract in April from South Korea’s Daewoo Shipbuilding and Marine Engineering.

Under the contract, GTT will design the tanks of two 174,000-cbm LNG carriers. Each tank will be fitted with GTT’s NO96 GW membrane containment system.

GTT said DSME would deliver the first vessel in the third quarter of 2025, and the second in the third quarter 2026.

The tank specialist did not reveal any additional information.

This order could be related to an announcement by DSME released on April 18 but the delivery dates do not match.

DSME said then it would build two 174,000-cbm LNG carriers for about $428 million and deliver them to an unidentified owner in Oceania by the second half of 2026.

These LNG carriers will feature MAN’s ME-GA dual-fuel engine and a reliquefaction system.

Shipbuilding sources and brokers said that Japan’s MOL was behind this order.

Most Popular

Venture Global, Petronas seal 20-year LNG SPA

US LNG exporter Venture Global LNG has signed a 20-year LNG supply contract with Malaysian energy giant Petronas for volumes from the CP2 project in Louisiana.

Golden Pass LNG seeks re-export approval

Golden Pass LNG, a joint venture owned by energy giants QatarEnergy and ExxonMobil, is seeking approval from the US DOE to export previously imported LNG from October, as it nears the launch of the first liquefaction train.

TPDC, Energetech Tantel to develop Tanzanian small-scale LNG plant

State-run Tanzania Petroleum Development Corporation has signed a memorandum of understanding with Energetech Tantel to develop what they say is Tanzania's first small-scale LNG plant.

More News Like This

Hanwha Ocean to buld Korean LNG-powered icebreaker

South Korean shipbuilder Hanwha Ocean has secured a contract to build one LNG dual-fuel research icebreaker.

GTT clinches tank gig for Capital’s LNG-powered containerships

French LNG containment giant GTT has secured a tank design order for six Capital's LNG-fueled container vessels.

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.

GTT, HD Hyundai Heavy to advance LNG carrier design

French LNG containment firm GTT signed two joint development projects with South Korean shipbuilder HD Hyundai Heavy Industries, aimed at advancing the design of LNG carriers.