Hyundai Samho awards new LNG tank job to GTT

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

According to a statement on Monday, 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 should deliver the vessel in the third quarter of 2024 to an unidentified owner.

GTT did not provide any additional information.

Two weeks ago, the Paris-based firm also revealed an order from the Korean shipbuilder for two LNG carriers.

This newest order could be related to an announcement by HSHI’s parent KSOE on February 21.

KSOE said then that HSHI would build one LNG carrier for about $217 million and deliver it by August 2024 to an unidentified Asian shipowner.

Brokers said that Hyundai Glovis had ordered this LNG carrier while Woodside would charter the vessel.

Most Popular

Worley gets full notice to proceed on first phase of CP2 LNG project

Australian engineering firm Worley has received a full notice to proceed from US LNG exporter Venture Global LNG under its reimbursable EPC contract for the first phase of the CP2 LNG project in Louisiana.

Seatrium: LNG carrier owners delaying non-essential repairs due to low charter rates

Liquefied natural gas (LNG) fleet owners are delaying non-essential repairs due to low charter rates, according to Singapore's Seatrium.

Excelerate raises 2025 guidance after Jamaica deal

US FSRU player Excelerate Energy raised its full-year 2025 adjusted Ebitda guidance range following the recent acquisition of New Fortress Energy's business in Jamaica.

More News Like This

GTT won orders for 10 LNG carriers in H1

French LNG containment giant GTT received orders for ten liquefied natural gas carriers and seven very-large ethane carriers in the first half, while its revenue rose 32 percent compared to the same period last year.

GTT, partners to develop new LNG carrier

French LNG containment giant GTT has signed a joint development project with seven firms to develop a 200,000-cbm LNG carrier.

GTT clinches tank gig for Capital’s LNG-powered containerships

French LNG containment giant GTT has secured a tank design order for six Capital's LNG-fueled container vessels.

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.