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.

- Advertisements -

Most Popular

Commissioning of India’s Chhara LNG terminal delayed

India’s Hindustan Petroleum, a unit of state-owned ONGC, has reportedly delayed the commissioning of its Chhara LNG import terminal...

MOL’s LNG carrier fleet to grow to 104 vessels by March 2025

Japan's shipping giant MOL expects its huge fleet of liquefied natural gas (LNG) carriers to increase to 104 vessels...

Tellurian’s net loss widens in Q1, Driftwood LNG talks continue

US LNG firm Tellurian reported a widening first-quarter loss on Thursday, as it continues to work to secure financing...

More News Like This

MOL, Gaz-System seal Gdansk FSRU charter deal

Japan's shipping giant MOL has signed a long-term FSRU charter deal with Poland’s Gaz-System for the planned LNG import...

South Korean yards built 500 LNG carriers for export in 30 years

South Korean yards have completed 500 liquefied natural gas (LNG) tankers for export since 1994, according to the Ministry...

GTT names Choimet as new CEO, books orders for 25 LNG carriers in Q1

French LNG containment giant GTT has named the head of its hydrogen unit Elogen, Jean-Baptiste Choimet, as its new...

GTT secures LNG tank gig for eight vessels

French LNG containment giant GTT has secured a tank design order for eight 174,000-cbm LNG carriers. GTT said a statement...