France’s GTT has secured a new tank design order for two 174,000-cbm liquefied natural gas (LNG) carriers.
GTT received the order in the first quarter of 2025 from an Asian shipyard, which is building the vessels for an Asian shipowner.
The French containment specialist did not reveal the name of the yard or the owner.
GTT said the tanks will be fitted with its NO96 series membrane containment system.
Also, deliveries of the vessels are scheduled for the second and third quarters of 2027.
Looking at recent LNG carrier orders, this contract could be related to South Korea’s Hanwha Ocean.
Last month, the shipbuilder announced it will build two LNG carriers for its shipping unit Hanwha Shipping.
Each vessel is worth $253 million per vessel and Hanwha Ocean will deliver the LNG carriers by September 2027.
GTT received orders for 72 LNG carriers in 2024, while its revenues rose 50 percent to 641.4 million euros ($679 million) compared to 2023.
As of December 31, 2024, GTT’s order book, excluding LNG as fuel, stood at 332 units.
This includes 306 LNG carriers, 16 ethane carriers, three FSRUs, two FLNGs, and also five onshore storage tanks.