GTT secures new LNG tank gigs

French LNG containment giant GTT has secured new orders from two South Korean shipyards.

GTT said in a statement the orders were received in 2023 and the 174,000-cbm vessels would be built for a Japanese owner.

According to GTT, the first LNG carrier will be realized by Hanwha Ocean, previously known as DSME.

This vessel will be fitted with the NO96 GW membrane containment system, while the delivery of the vessel is scheduled for the third quarter of 2027.

Hanwha Ocean secured orders for five LNG carriers in 2023, compared to record 38 LNG carriers in 2022.

Japan’s MOL ordered three LNG carriers at Hanwha Ocean and Greece’s Maran Gas ordered two vessels last year.

As per the second LNG carrier, GTT said it would be built by Samsung Heavy Industries.

This vessel will incorporate GTT’s Mark III Flex membrane containment system, while the delivery of the vessel is scheduled for the third quarter of 2026.

Samsung Heavy received in total seven LNG carrier orders last year, compared to record 36 LNG carrier orders in 2022.

MOL ordered five LNG carriers at Samsung Heavy and US-based Chevron ordered two vessels.

Most Popular

Samsung Heavy bags orders for six LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured contracts worth $1.54 billion to build six liquefied natural gas (LNG) carriers.

Amigo LNG, Gunvor seal 20-year SPA

Amigo LNG, a unit of LNG Alliance, has signed a 20-year sales and purchase agreement with a unit of Geneva-based trader Gunvor to supply the latter with liquefied natural gas from its planned 7.8 mtpa LNG export plant in Mexico.

Finland’s FSRU to be offline for August-October maintenance

Gasgrid's FSRU-based LNG import terminal in Finland's Inkoo will be offline until October due to a scheduled drydock visit by Excelerate Energy’s 150,900-cbm FSRU Exemplar.

More News Like This

Samsung Heavy bags orders for six LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured contracts worth $1.54 billion to build six liquefied natural gas (LNG) carriers.

Hanwha’s units, Kospo to jointly buy US LNG

South Korea's Hanwha Aerospace and Hanwha Energy, units of Hanwha, are teaming up with compatriot Korea Southern Power (Kospo) to jointly buy US liquefied natural gas (LNG) supplies.

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.

Hanwha Ocean says recovery in LNG newbuild market led by US projects

South Korean shipbuilder Hanwha Ocean expects the recovery in the LNG newbuilding market to be led by US export projects and the phase-out of steam LNG carriers.