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

Worley clinches EPC gig for Venture Global’s CP2 LNG expansion project

Australian engineering firm Worley has signed a reimbursable engineering, procurement, and construction (EPC) contract for Venture Global’s CP2 LNG expansion project in Louisiana.

Excelerate seals Bahamas LNG deal

US FSRU player Excelerate has signed an 11-year LNG supply agreement with AxDo, a joint venture between Axpo and Bahamas-based energy and maritime logistics company Domicisle LNG, supporting development of the Bahamas LNG hub.

Vopak moving forward with permitting process for Australian LNG import project

Dutch independent storage tank firm Vopak is moving forward with the permitting process for its planned FSRU-based LNG import facility in Australia’s Victoria state, according to CEO Dick Richelle.

More News Like This

Greek shipyard completes first LNG carrier repair job

Greece's Skaramangas Shipyards has completed what it says is the first repair of a large liquefied natural gas (LNG) carrier at a Greek shipyard.

GTT names David Colson as Asia-Pacific head

French LNG containment giant GTT has appointed David Colson as senior vice president, Asia-Pacific director, and member of the executive committee.

GTT appoints Catherine Ronge as chairwoman

French LNG containment giant GTT has appointed Catherine Ronge as chairwoman of its board of directors, succeeding Philippe Berterottiere, who has decided to resign, effective November 16.

GTT opens Tokyo office

A unit of French LNG containment giant GTT has opened a new office in Tokyo, Japan's capital and most populous city.