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.

- Advertisements -

Most Popular

China’s Wison wins Indonesian FLNG gig from Genting

China's Wison New Energies has secured a contract from a unit of Genting to build a floating LNG unit...

Japan’s Chiyoda provides Golden Pass LNG update

Japan's engineer Chiyoda has released an update regarding the construction of the Golden Pass LNG export project in Texas,...

South Korea’s Hanwha to increase stake in NextDecade

South Korean conglomerate Hanwha has agreed to buy more shares in US LNG firm NextDecade to increase its stake...

More News Like This

South Korea’s Hanwha to increase stake in NextDecade

South Korean conglomerate Hanwha has agreed to buy more shares in US LNG firm NextDecade to increase its stake...

GTT gets approvals for its new LNG containment system

French LNG containment giant GTT has secured approvals from two classification societies for its Next1 LNG cargo containment system. GTT...

Hapag-Lloyd takes delivery of LNG-powered giant

Germany’s Hapag-Lloyd has taken delivery of a new ultra-large LNG-fueled containership from South Korea’s Hanwha Ocean. Hanwha Ocean, previously known...

GTT scores new LNG tank gig

French LNG containment giant GTT has secured a new order for four 174,000-cbm liquefied natural gas carriers. GTT said in...