GTT nets another LNG tank contract from Samsung Heavy

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

Worley gets full notice to proceed on first phase of CP2 LNG project

Australian engineering firm Worley has received a full notice to proceed from US LNG exporter Venture Global LNG under its reimbursable EPC contract for the first phase of the CP2 LNG project in Louisiana.

Venture Global’s Plaquemines LNG to commission fourth tank

US LNG exporter Venture Global LNG has received approval from the US FERC to commission the fourth storage tank with LNG at its Plaquemines plant in Louisiana.

MOL’s LNG carrier fleet stands at 104 vessels

MOL's large fleet of liquefied natural gas (LNG) tankers had 104 vessels as of the end of June this year.

More News Like This

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.

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.

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.

GTT, partners to develop new LNG carrier

French LNG containment giant GTT has signed a joint development project with seven firms to develop a 200,000-cbm LNG carrier.