AsiaContracts and TendersEurope

GTT nets new LNG tank gig from Samsung Heavy

By LNG Prime Staff
GTT nets new LNG tank gig from Samsung Heavy
For illustration only (Image: 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

Contracts and Tenders

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
Vessels

Hanwha Ocean, Posco plan to build LNG carrier with high-manganese steel tanks

South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.
Contracts and Tenders

Taiwan’s CPC makes progress with Alaska LNG deal

Taiwan’s CPC Corp is making progress on buying LNG and investing in the planned Glenfarne-led Alaska LNG project, according to Taiwan's economy ministry.

More News Like This

Research and Development

Shell, GTT, and LR to develop new LNG carrier

UK-based LNG giant Shell, French LNG containment specialist GTT, and classification society Lloyd’s Register have launched a joint development project to develop a conceptual 200,000-cbm LNG carrier combining hybrid-electric propulsion with GTT’s Next1 LNG cargo containment technology.
Vessels

MISC names QatarEnergy LNG carrier

South Korea's Samsung Heavy Industries hosted a naming ceremony for a liquefied natural gas (LNG) carrier it built for Malaysia's MISC and state-owned LNG giant QatarEnergy.
Vessels

Samsung Heavy nets order for two LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build two liquefied natural gas (LNG) carriers for approximately $494 million.
Vessels

LR: 200,000 cbm LNG carriers could deliver $85.5 million benefit to owners

Classification society Lloyd’s Register (LR) has identified 200,000 cbm LNG carriers as a "credible next step" for global LNG fleet renewal, with a potential owner benefit of approximately $85.5 million over 30 years.