Hyundai Heavy awards LNG tank job to GTT

French LNG containment giant GTT has won a new contract from South Korean shipbuilder Hyundai Heavy Industries.

Under the new order, GTT will design the tanks for two 174,000-cbm LNG tankers.

In addition, the newbuilds would feature GTT’s Mark III Flex membrane containment system, according to the French firm.

GTT said Hyundai Heavy would deliver the vessels to a European owner in the fourth quarter of 2023. The firm did not reveal any additional information.

The LNG carriers in question are probably related to the recent order Hyundai Heavy disclosed in a stock exchange announcement.

The shipbuilder said it would build two LNG carriers for an undisclosed owner for about $385 million.

Hyundai Heavy also did not reveal any additional information but several brokers reported after the announcement that Evangelos Marinakis-led Capital Gas had ordered the two LNG carriers.

The Greek company also confirmed the order which would boost its fleet to nine vessels.

Most Popular

Venture Global gets FERC OK to boost Plaquemines LNG capacity

US LNG exporter Venture Global LNG has received approval from the US FERC to boost the capacity of its Plaquemines LNG terminal in Louisiana to 27.2 mtpa.

Asyad Shipping sells LNG carrier

Oman's Asyad Shipping has sold a 2006-built steam liquefied natural gas (LNG) carrier, according to brokers.

First Rio Grande LNG tank taking shape

US LNG developer NextDecade continues to make progress on the first phase of its Rio Grande LNG export plant in Texas, including the first 180,000-cbm storage tank.

More News Like This

GTT still expects more than 450 LNG carrier orders in next 10 years

French LNG containment giant GTT still expects more than 450 orders for large LNG carriers over the next ten years, according to GTT’s chief Philippe Berterottière.

GTT secured orders for 72 LNG carriers in 2024

French LNG containment giant GTT received orders for 72 liquefied natural gas carriers in 2024, while its revenues rose 50 percent compared to 2023.

HD Hyundai Heavy to install new type of engine on Excelerate’s FSRU

Excelerate Energy's new floating storage and regasification unit (FSRU), which is currently under construction at South Korean shipbuilder HD Hyundai Heavy Industries, will feature the world’s first H54DF HiMSEN engine.

GTT’s CEO Choimet resigns

Jean-Baptiste Choimet has resigned as GTT's chief executive officer just eight months after he took the top job at the French LNG containment giant.