GTT clinches new LNG tank gig from DSME

French engineer GTT has won a new contract from South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering to design tanks for two 174,000-cbm LNG carriers.

The vessels would feature GTT’s NO96 GW membrane containment system, GTT said in a statement on Monday.

DSME would deliver the vessels to an unidentified owner during the first half of 2025, GTT said, but it did not provide any additional information.

This order comes just days after GTT said it had secured an order from DSME for four LNG carriers.

This puts the total to six 174,000-cbm LNG carriers.

DSME said on December 1 it won orders for six 174,000-cbm LNG carriers from two owners worth about $1.26 billion.

The yard said it would build four LNG carriers for one owner and two for the other firm.

After that, Peter Livanos-led GasLog said it had ordered four 174,000-cbm LNG carriers at DSME. These LNG carriers will join GasLog’s fleet in 2024 and 2025.

Most Popular

Galp wins Calcasieu Pass arbitration against Venture Global

Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.

Seatrium scores Excelerate FSRU conversion gig

Singapore's Seatrium has secured a floating storage and regasification unit conversion contract with an option for a second contract from US FSRU player Excelerate Energy.

MISC to order five more LNG carriers for Petronas charter

Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.

More News Like This

LR: 200,000 cbm LNG carriers could deliver $85.5 million benefit to owners

Classification society Lloyd’s Register (LR) has identified 200,000 cbm LNG carriers as a "credible next step" for global LNG fleet renewal, with a potential owner benefit of approximately $85.5 million over 30 years.

China’s Hudong-Zhonghua develops new LNG carrier design

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a new LNG carrier design that features GTT's Next1 containment tech.

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.

GTT expects 550 LNG carrier orders by 2035

French LNG containment giant GTT expects approximately 550 orders for large LNG carriers over the next ten years, according to chief executive Francois Michel.