AsiaContracts and TendersEurope

Hyundai Samho awards new LNG tank job to GTT

By LNG Prime Staff
Hyundai Samho awards new LNG tank job to GTT
For illustration only (Image: Hyundai Samho Heavy Industries)

French LNG containment giant GTT has secured a new order from South Korea’s Hyundai Samho Heavy Industries.

According to a statement on Tuesday, GTT will provide design and associated engineering services for the tanks of one 174,000-cbm LNG carrier.

Also, GTT said the vessel would feature its Mark III Flex membrane containment system

HSHI expects to deliver the vessel in the fourth quarter of 2025 to an unidentified Asian owner, GTT said.

The Paris-based firm did not provide any additional information.

This order could be related to an announcement by HSHI’s parent KSOE on April 26.

KSOE said then that HSHI would build one LNG carrier for about $224 million and deliver it by October 2025 to an unidentified European shipowner.

Japan’s NYK said after this announcement that its French joint venture with Geogas LNG had ordered this vessel at HSHI and chartered it to EDF.

Besides this order, KSOE also revealed a contract in April for one 174,000-cbm LNG carrier with delivery by December 2025.

HSHI will build this vessel for a European owner. This order is tied to Norway’s Knutsen.

Most Popular

Contracts and Tenders

Galp wins Calcasieu Pass arbitration against Venture Global

Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.
Vessels

MISC to order five more LNG carriers for Petronas charter

Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.
Contracts and Tenders

Seatrium scores Excelerate FSRU conversion gig

Singapore's Seatrium has secured a floating storage and regasification unit conversion contract with an option for a second contract from US FSRU player Excelerate Energy.

More News Like This

Vessels

NYK’s LNG carrier named in South Korea

South Korea’s Hyundai Samho hosted a naming ceremony for a new liquefied natural gas (LNG) carrier owned by Japan's NYK and chartered by Mitsubishi’s unit Diamond Global Energy.
Vessels

LR: 200,000 cbm LNG carriers could deliver $85.5 million benefit to owners

Classification society Lloyd’s Register (LR) has identified 200,000 cbm LNG carriers as a "credible next step" for global LNG fleet renewal, with a potential owner benefit of approximately $85.5 million over 30 years.
Vessels

China’s Hudong-Zhonghua develops new LNG carrier design

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a new LNG carrier design that features GTT's Next1 containment tech.
Vessels

GTT expects 550 LNG carrier orders by 2035

French LNG containment giant GTT expects approximately 550 orders for large LNG carriers over the next ten years, according to chief executive Francois Michel.