GTT confirms DSIC order for two more LNG carriers

France’s GTT confirmed a tank design order for two more 175,000-cbm LNG carriers with China’s Dalian Shipbuilding Industry (DSIC).

GTT said in a statement on Thursday it had won the order at the beginning of this year.

DSIC will build the LNG carriers for CMES LNG Carrier Investment and the vessels will feature GTT’s Mark III Flex membrane containment system.

The delivery of the vessels is scheduled for the third quarter of 2026.

China Merchants Energy Shipping (CMES), a unit of China Merchants Group, announced this order for two more 175,000-cbm LNG tankers in December last year, boosting the total to six vessels.

CMES said each of the LNG carriers is worth about $235 million.

Earlier the same year, CMES placed an order for two dual-fuel LNG carriers with GTT’s Mark III Flex membrane containment system for $380 million, DSIC’s first order for large LNG carriers.

After that, the firm exercised an option for two more LNG carriers worth $400 million, boosting the total to four vessels.

Three out of four of these LNG carriers will go on charter to Sinochem as CMES signed LNG carrier charter deals in August 2022 with Sinochem worth up to $2.5 billion.

Most Popular

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

Bangladesh receives boost from World Bank to buy LNG supplies

The World Bank has approved a project aimed at helping Bangladesh's state-owned company Petrobangla to secure liquefied natural gas (LNG) supplies.

Kimmeridge’s Commonwealth LNG gets FERC approval

Kimmeridge's Commonwealth LNG has received the Federal Energy Regulatory Commission’s final order upholding authorization for its planned 9.5 mtpa LNG export project near Cameron, Louisiana.

More News Like This

GTT clinches new LNG tank gig

France’s GTT has secured a new tank design order from HD Korea Shipbuilding & Offshore Engineering for one liquefied natural gas (LNG) carrier.

DSIC launches another CMES LNG carrier

China’s Dalian Shipbuilding Industry (DSIC) has floated out the fifth LNG carrier for compatriot China Merchants Energy Shipping (CMES), a unit of China Merchants Group.

GTT, HD Hyundai Heavy to advance LNG carrier design

French LNG containment firm GTT signed two joint development projects with South Korean shipbuilder HD Hyundai Heavy Industries, aimed at advancing the design of LNG carriers.

GTT develops new ethane containment tech

French LNG containment giant GTT has received approvals from classification society BV for its new cargo containment systems developed for ethane transport.