GTT clinches HHI gig for LNG carrier trio

South Korean shipbuilder Hyundai Heavy Industries has awarded a new contract to French LNG containment giant GTT to design tanks for three 200,000-cbm LNG carriers.

According to a GTT statement, the LNG carriers would feature its Mark III Flex+ membrane containment system.

GTT added that HHI plans to deliver the vessels between the second and the fourth quarters of 2026 to a European owner, but it did not provide any additional information.

This contract is probably related to a recent order HHI’s parent KSOE announced for three 200,000-cbm vessels.

KSOE said that the contract is worth about $783 million or $261 million per vessel and that the LNG carriers would be 299.8 meters long and 48.9 meters wide.

Greece’s Dynagas placed this order for the three LNG carriers.

Dynagas also ordered four 200,000-cbm LNG carriers at Hyundai Heavy in 2021 and three 200,000-cbm vessels last year.

Most Popular

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

Swan Energy, Nebula’s AG&P LNG plan Indian JV

Swan Energy said on Friday it had signed a heads of agreement with AG&P Terminals &Logistics (Singapore). The two firms...

More News Like This

GTT CEO: LNG carrier replacement market poised for significant growth

Choimet officially took over as GTT CEO in June this year and has since then been on the road...

CMA CGM pens LoI for LNG-fueled containerships

LNG Prime recently reported that CMA CGM was planning a new order. Sources said on Tuesday that CMA CGM has...

GTT gets OK for three-tank LNG carrier design

LR announced the approval in principle for the LNG carrier design in a statement on Wednesday. According to the classification...

Pure Energy inks $1.1 billion sale and leaseback deal for LNG carrier quintet

London-based Watson Farley & Williams (WFW), who advised CMBFL on the transaction, revealed the deal in a statement on...