GTT secures LNG tank gig from Hyundai Heavy

French LNG containment giant GTT has secured a new order from South Korea’s HD Hyundai Heavy Industries to design tanks for four LNG carriers.

According to a GTT statement, the 174,000-cbm LNG carriers will feature its Mark III Flex membrane containment system.

GTT added that HHI plans to deliver the vessels between the first and third quarters of 2027 to an Asian owner, but it did not provide any additional information.

This contract is probably related to a recent order for four LNG carriers by Japan’s NYK.

These four vessels have a price tag of 1.408 trillion won ($1.05 billion) or some $262 million per ship.

The French-flagged ships will have about 289.9 meters in length and 46.1 meters in breadth.

Following delivery in 2027, these LNG carriers will serve German energy firm EnBW under long-term time charter deals.

Most Popular

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

Swan Energy, Nebula’s AG&P LNG plan Indian JV

Swan Energy said on Friday it had signed a heads of agreement with AG&P Terminals &Logistics (Singapore). The two firms...

More News Like This

GTT CEO: LNG carrier replacement market poised for significant growth

Choimet officially took over as GTT CEO in June this year and has since then been on the road...

Monjasa in UAE LNG bunkering move

Monjasa said on Wednesday it introduces the UAE’s first dedicated LNG bunkering vessel, Green Zeebrugge. Previously known as Engie Zeebrugge,...

CMA CGM pens LoI for LNG-fueled containerships

LNG Prime recently reported that CMA CGM was planning a new order. Sources said on Tuesday that CMA CGM has...

GTT gets OK for three-tank LNG carrier design

LR announced the approval in principle for the LNG carrier design in a statement on Wednesday. According to the classification...