GTT clinches order for LNG carrier quartet

French LNG containment giant GTT has secured orders for four new liquefied natural gas carriers from two South Korean yards.

GTT said in a statement it had won the orders in May from Hyundai Samho and Hyundai Heavy to design the tanks of the LNG tankers.

Each of the yards will build two 174,000-cbm LNG carriers for an unidentified Asian owner.

According to the Paris-based firm, these LNG carriers would be fitted with its Mark III Flex membrane containment system.

The Asian owner would take delivery of the vessels between the first and the fourth quarters of 2025, GTT said, but it did not provide any additional information.

This order is most likely related to the announcement by KSOE issued on May 17.

KSOE said in that announcement that the deals for the four LNG carriers were worth about 1.17 trillion won ($910 million) or some $227.5 million per vessel.

Sources and brokers said that South Korea’s SK Shipping had ordered these four vessels on the back of a charter with Malaysian energy giant Petronas.

Most Popular

Venture Global’s Plaquemines LNG wraps up $4 billion notes offering

Venture Global's unit Plaquemines LNG has closed a $4 billion offering of senior secured notes.

Argentina’s Enarsa to spend $567 million on LNG purchases

Argentina's state-owned LNG importer, Energia Argentina (Enarsa), will spend $570 million to purchase 22 liquefied natural gas (LNG) cargoes from BP and TotalEnergies this year.

Shell’s LNG Canada to ship second cargo

Shell-led LNG Canada is expected to soon ship the second cargo of liquefied natural gas from the Kitimat facility on the west coast of Canada, according to shipping data.

More News Like This

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.

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 Samho scores contract to build LNG carrier quartet

South Korea’s HD Hyundai Samho has secured an order to build four liquefied natural gas (LNG) carriers for about $1.03 billion.

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.