GTT confirms DSIC tank order for LNG carrier duo

France’s GTT said it had secured a tank design order from China’s Dalian Shipbuilding Industry (DSIC) for two 175,000-cbm LNG carriers.

DSIC will build the two LNG carriers for Sea Jade Investment, a joint venture consisting of China Gas, Wah Kwong Maritime Transport, and CSSC Shipping.

China Gas has a 30 percent stake in the Sea Jade Investment JV, Wah Kwong owns 45 percent, and CSSC Shipping owns 25 percent.

LNG Prime reported on July 19, citing shipbuilding sources, that DSIC will build two 175,000-cbm LNG carriers for the JV.

After that the JV and DISC signed the shipbuilding deal on August 21.

Besides two firm 175,000-cbm LNG carriers, the deal also includes two optional vessels.

GTT said that the vessel’s tanks will feature the Mark III Flex membrane containment system.

DSIC will deliver the vessels between the first and the third quarters of 2027, it said.

Following delivery, the LNG carriers will serve China Gas Hongda Energy Trading, a unit of China Gas, under 20-year charter deals, Hong Kong-based natural gas operator and distributor, China Gas, previously said.

The charter hire for each LNG carrier will be at a daily hire rate of about $80,000 to $100,000 on a monthly basis, China Gas said.

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