Hyundai Heavy awards LNG tank job to GTT

French LNG containment giant GTT said it has won a new order from South Korea’s Hyundai Heavy Industries to design tanks for two LNG carriers.

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

The Paris-based firm won the order in the second quarter this year.

GTT added that HHI plans to deliver the vessels during the second quarter of 2025, but it did not provide any additional information.

This order could be related to an announcement by HHI’s parent KSOE issued on June 7.

KSOE said that HHI would build two 174,000-cbm LNG carriers for an owner in Europe and deliver them by June 2025.

Each of the LNG carriers has a price tag of about $215 million.

This order is tied to the giant shipbuilding program by QatarEnergy and the owner is Norway’s Knutsen.

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