AsiaContracts and TendersEurope

GTT nets another LNG tank contract from Samsung Heavy

By LNG Prime Staff
GTT nets another LNG tank contract from Samsung Heavy
For illustration only (image: Samsung Heavy Industries)

French LNG containment giant GTT said it has secured another order from South Korea’s Samsung Heavy Industries.

Under the new contract, GTT will design tanks of four new 174,000-cbm LNG carriers.

All of the vessels will feature GTT’s Mark III Flex membrane containment system.

GTT said in a statement Samsung Heavy would deliver the vessels to an unidentified Asian owner by the first quarter of 2024, but it did not provide any additional information.

The Korean yard revealed this order in a stock exchange filing on September 30.

Samsung Heavy said it would build the LNG carriers for 959.3 billion won ($809.2 million).

After that, Russia’s Sovcomflot and Japan’s NYK confirmed that they have ordered the four vessels which would serve Novatek’s Arctic LNG projects.

Besides GTT’s Mark III Flex cargo containment system, the 293 meters long ships will feature WinGD’s dual-fuel slow-speed diesel engines. They will also have a reliquefaction unit.

Most Popular

Vessels

BW upgrades LNG carrier

Oslo-based BW LNG, a unit of Singapore’s gas shipping giant BW, is upgrading its 2019-built LNG carrier BW Pavilion Aranda with a sub-cooler.
Vessels

Samsung Heavy bags orders for six LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured contracts worth $1.54 billion to build six liquefied natural gas (LNG) carriers.
Contracts and Tenders

Sempra, ConocoPhillips seal another 20-year Port Arthur LNG SPA

US energy giant ConocoPhillips has signed a deal with compatriot LNG exporter Sempra Infrastructure, a unit of Sempra, to buy a total of 80 million tonnes of LNG from the proposed second phase of the Port Arthur LNG project in Texas. With this deal, ConocoPhillips will buy a total of 180 million tonnes of LNG from both Port Arthur phases.

More News Like This

Vessels

Samsung Heavy bags orders for six LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured contracts worth $1.54 billion to build six liquefied natural gas (LNG) carriers.
Corporate

GTT won orders for 10 LNG carriers in H1

French LNG containment giant GTT received orders for ten liquefied natural gas carriers and seven very-large ethane carriers in the first half, while its revenue rose 32 percent compared to the same period last year.
Vessels

Samsung Heavy lays keel for Minerva LNG tanker

South Korea’s Samsung Heavy Industries has laid the keel for a 174,000-cbm LNG carrier being built for Greek firm Minerva Gas, a unit of Minerva Marine.
Contracts and Tenders

Sabah to take stake in Petronas’ third FLNG

SMJ Energy, owned by the Sabah government, has signed a heads of agreement with Malaysian energy giant Petronas to take a 25 percent stake in the latter's third floating LNG production unit.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA