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.

- Advertisements -

Most Popular

Spark: spot LNG shipping rates ease this week

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet declined this week as vessel availability increased,...

Pilot LNG, Seapath plan to build $150 million US bunkering facility

Houston-based Pilot LNG is joining forces with Libra Group's maritime unit Seapath to build what they say is the...

US weekly LNG exports down to 21 shipments

US liquefied natural gas (LNG) exports declined in the week ending September 27 compared to the week before, according...

More News Like This

Hudong-Zhonghua: LNG Geneva completes trials in record time

CSSC Shipping’s liquefied natural gas carrier, LNG Geneva, has completed both its sea and gas trials in five and...

Beijing Gas gets commissioning cargo at Tianjin Nangang LNG terminal

China’s Beijing Gas has received the commissioning cargo for the first phase of its Tianjin Nangang LNG import terminal...

GTT nets Jiangnan order for two LNG carriers

France’s GTT said it will design the tanks of two LNG carriers being built at Chinese shipbuilder Jiangnan. According to...

Samsung Heavy develops high-speed welding robot for LNG carriers

South Korean shipbuilder Samsung Heavy Industries said it had developed a laser high-speed welding robot to speed up the...