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.

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