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

US weekly LNG exports rise to 34 shipments

US liquefied natural gas (LNG) plants sent 34 cargoes during the week ending June 10, up five cargoes from the week before, according to the Energy Information Administration.

Venture Global wraps up $2.25 billion senior notes offering

US LNG exporter Venture Global has completed its previously announced $2.25 billion offering of senior secured notes.

Indonesia’s Sillo Maritime buys LNG carrier for $65 million

Indonesia's Sillo Maritime has purchased a 2009-built liquefied natural gas (LNG) carrier for $65 million.

More News Like This

CCEC secures new LNG carrier charter deals

LNG carrier owner Capital Clean Energy Carriers (CCEC) has secured bridging time charter deals for two of its newbuild liquefied natural gas carriers.

Trio to work on new LNG carrier design

Classification society Lloyd’s Register (LR) has joined forces with South Korea's HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries to develop a new generation of LNG carrier designs using hybrid electric propulsion.

HD Hyundai Heavy launches Gdansk FSRU

South Korean shipbuilder HD Hyundai Heavy Industries has launched MOL’s floating storage and regasification unit (FSRU), which will serve Gaz-System’s Gdansk LNG project in Poland.

HD Hyundai Heavy scores $501 million LNG carrier order

South Korean shipbuilder HD Hyundai Heavy Industries has won a contract worth approximately $501 million to build two liquefied natural gas (LNG) carriers.