GTT joins forces with ABS and DHT on LNG-powered VLCC design

French LNG containment giant GTT is joining forces with classification society ABS and crude oil tanker operator DHT to work on an LNG-powered VLCC design.

In that regard, the three firms signed a joint development project at Gastech in Singapore to optimize a new, very large crude carrier with LNG propulsion that meets class and statutory requirements.

According to the three firms, the dual-fuel vessel “promises to provide flexibility for operations and to reduce greenhouse gas (GHG) emissions.”

The agreement will see ABS, GTT, and DHT focus on optimizing the VLCC design, exploring the total cost of operation by analyzing the operating profile and also fuel availability at frequently visited ports.

In addition , the companies will collaborate on subjects such as LNG fuel volume, tank size optimization, and impact on regulatory measures such as carbon intensity indicator (CII).

John McDonald, ABS president and COO, said LNG has “significant potential” to improve the emissions performance of vessels, including VLCCs.

He added that flexibility afforded by dual fuel operations combined with the potential for improved CII rating “may well contribute to a longer lifespan and increase appeal to charterers.”

Moreover, GTT’s chairman and CEO Philippe Berterottière said this JDP aims to develop the “future of crude oil transportation with the most advanced environmentally efficient VLCC design.”

The French firm received in June an approval in principle from classification society DNV for an LNG dual-fuel VLCC fitted with a fuel tank of 12,500 cbm equipped with GTT’s Mark III system.

Besides the VLCC, GTT won approval for an LNG dual-fuel Suezmax tanker fitted with a fuel tank of 5,500 cbm equipped with GTT’s Mark III system.

GTT developed the concepts with the support of Finnish ship designer Deltamarin.

Most Popular

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

Shell’s LNG Canada expansion project to get boost from government

Canadian Prime Minister Mark Carney named the planned second phase of Shell's LNG Canada export project as one of the major projects the federal government would help fast-track.

More News Like This

Samsung Heavy gets OK for nuclear-powered LNG carrier

South Korean shipbuilder Samsung Heavy Industries has received an approval in principle for its molten salt reactor-powered 174,000-cbm liquefied natural gas (LNG) carrier equipped with a small modular reactor.

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

Hudong-Zhonghua gets approvals for new LNG bunkering vessel

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a 25,000-cbm LNG bunkering vessel design it jointly developed with French LNG containment specialist GTT.

HD Hyundai Mipo gets OK for large LNG bunkering vessel design

South Korean shipbuilder HD Hyundai Mipo has received approval in principle from classification society ABS for its design development of a 30,000-cbm liquefied natural gas (LNG) bunkering and supply vessel.