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

Yang Ming books LNG-powered containerships in South Korea

Taiwan’s Yang Ming Marine Transport has decided to order LNG dual-fuel container vessels from South Korea's Hanwha Ocean as part of its ongoing fleet optimization plan.

Sabah to take stake in Petronas’ third FLNG

SMJ Energy, owned by the Sabah government, has signed a heads of agreement with Malaysian energy giant Petronas to take a 25 percent stake in the latter's third floating LNG production unit.

Japan’s LNG imports drop in June

Japan’s liquefied natural gas (LNG) imports dropped by 2.8 percent in June compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.

More News Like This

GTT, partners to develop new LNG carrier

French LNG containment giant GTT has signed a joint development project with seven firms to develop a 200,000-cbm LNG carrier.

Excelerate’s FSRU launched in South Korea

South Korean shipbuilder HD Hyundai Heavy Industries has launched Excelerate Energy’s new floating storage and regasification unit (FSRU).

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.