GTT nets new LNG tank gig from Samsung Heavy

French LNG containment giant GTT has secured another order from South Korean shipbuilder Samsung Heavy Industries.

Under the new contract, GTT will design the tanks of four 174,000-cbm LNG carriers scheduled for delivery between the first and the third quarters of 2025, according to a statement.

The tanks will be fitted with GTT’s Mark III Flex membrane containment system.

GTT said that SHI would build two vessels on behalf of an Asian owner and two for an American owner.

The firm won the contract in the third quarter.

These orders are probably related to an announcement by Samsung Heavy issued on September 6.

Samsung Heavy said then it would build two LNG carriers for an owner based in Africa and two LNG carriers for an owned based in Bermuda, both with delivery scheduled in 2025.

Shipbuilding sources said that a Korean consortium consisting of H-Line Shipping, Pan Ocean, and SK Shipping ordered two out of these four vessels under QatarEnergy’s program.

Besides K3, JP Morgan ordered the two other LNG carriers.

Most Popular

Williams launches Transco pipeline expansions

US natural gas pipeline operator Williams has launched two fully contracted expansions of the existing Transco pipeline to meet growing domestic demand and LNG exports.

Update: Shell’s LNG Canada receives LNG cargo

Shell’s LNG Canada has received a cargo of liquefied natural gas as part of the commissioning and start-up phase.

DOE gives further boost to US LNG exports

The US Department of Energy (DOE) has removed a regulatory barrier that required liquefied natural gas (LNG) projects to start export within seven years of receiving regulatory approval.

More News Like This

VesselsValue: South Korea’s LNG carrier orderbook worth $71.3 billion

South Korean yards have 276 LNG carriers worth $71.3 billion on order, according to the newest data by Veson Nautical’s VesselsValue.

GTT inks onshore LNG tank pact with China’s BPE

French LNG containment GTT and China's Beijing Petrochemical Engineering (BPE) have signed a deal to cooperate on onshore membrane LNG tanks.

GTT nets new LNG tank gig

France's GTT has secured a new tank design order for two 170,000-cbm liquefied natural gas (LNG) carriers.

Wan Hai Lines to switch methanol containership order to LNG fuel

Taiwan's Wan Hai Lines is working on switching an order placed in South Korea last year for eight methanol-powered containerships to LNG fuel, according to shipbuilding sources.