AsiaContracts and TendersEurope

Hyundai Heavy awards LNG tank job to GTT

By LNG Prime Staff
Hyundai Heavy awards LNG tank job to GTT
Image: 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

LNG Terminals

Venture Global to introduce gas to tenth Plaquemines liquefaction block

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce natural gas to the tenth liquefaction block at the Plaquemines LNG terminal in Louisiana as part of the plant’s commissioning process.
LNG Terminals

Eni: third phase of YPF’s Argentina LNG project requires $20 billion investment

The third phase of YPF's Argentina LNG export project would require an investment of about $20 billion, according to Eni’s COO of global natural resources, Guido Brusco.
LNG Terminals

Kimmeridge’s Commonwealth LNG seeks expedited approval from FERC

Kimmeridge's Commonwealth LNG is seeking expedited final approval from the US FERC as it looks to make a final investment decision on its planned LNG export plant in Louisiana later this year.

More News Like This

Corporate

GTT secured orders for nine LNG carriers in Q1

French LNG containment giant GTT received orders for nine liquefied natural gas carriers in the first quarter, while its revenue rose 31.6 percent compared to the same period last year.
Research and Development

GTT gets LR OK for Mark III’s ammonia-ready notation

French LNG containment giant GTT has secured approval from classification society Lloyd’s Register for the ammonia-ready notation of its Mark III containment system.
Vessels

VesselsValue: South Korea’s LNG carrier orderbook worth $71.3 billion

South Korean yards have 276 LNG carriers worth $71.3 billion on order, according to the newest data by Veson Nautical’s VesselsValue.
Top News of the Week

Capital sells LNG carrier for scrap

Greece's Capital Gas has sold one steam liquefied natural gas (LNG) carrier for scrap, according to brokers.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA