AsiaContracts and TendersEurope

GTT bags new LNG tank gig from Hyundai Heavy

By LNG Prime Staff
GTT bags new LNG tank gig from Hyundai Heavy
For illustration only (Image: Hyundai Heavy Industries)

French LNG containment giant GTT said it had won a new order from South Korea’s Hyundai Heavy Industries to design tanks for seven LNG carriers.

According to a GTT statement, the 174,000-cbm LNG carriers would feature its Mark III Flex membrane containment system.

GTT added that HHI plans to deliver the vessels between the third quarter of 2025 and the fourth quarter of 2026 to an Asian owner, but it did not provide any additional information.

This order is probably related to an announcement by Japan’s NYK issued on August 10.

Under the giant shipbuilding program, state-run QatarEnergy has signed deals for seven LNG carriers with an Asian consortium consisting of NYK, compatriot K Line, Malaysia’s MISC, and China LNG Shipping.

NYK said that HHI would build these carriers and deliver them in 2025 and 2026.

HHI’s parent KSOE said in a stock exchange filling in August that the deal had a price tag of about $1.5 billion or some $214 million per vessel.

Most Popular

LNG Terminals

Venture Global seeks FERC OK for CP2 LNG expansion

US LNG exporter Venture Global LNG has filed a new application with the US FERC seeking approval to add approximately 11.7 million metric tonnes per annum of capacity at its CP2 LNG project in Louisiana.
Corporate

Australia’s Woodside denies takeover talks with ExxonMobil

Australian LNG player Woodside said on Monday that it is not in discussions with US energy giant ExxonMobil regarding a potential transaction following media reports.
LNG Terminals

Cheniere completes sixth train at Corpus Christi expansion project

US LNG exporter Cheniere has reached substantial completion of the sixth liquefaction train at the Corpus Christi Stage 3 expansion project in Texas.

More News Like This

Research and Development

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.
Vessels

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.
Vessels

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.
Contracts and Tenders

BW confirms new LNG carrier move

BW LNG, a unit of Singapore-based gas shipping giant BW, confirmed that it has ordered two new three-tank LNG carriers from South Korea’s HD Hyundai Samho.