GTT clinches new LNG tank gig from Samsung Heavy

French LNG containment giant GTT has secured another order from South Korean shipbuilder Samsung Heavy Industries.

Under the new contract, GTT will design the tanks of two 174,000-cbm LNG carriers scheduled for delivery in the last quarter of 2024 and the first quarter of 2026, according to a statement.

The tanks will be fitted with GTT’s Mark III Flex membrane containment system.

GTT said that SHI is building the vessels for an European shipowner, but it did not reveal more details regarding the contract.

This order could be related to an announcement in May where SHI revealed an order for two LNG carriers with an Oceania-based owner worth about $462 million.

SHI will hand over these very expensive carriers by March 2026.

Sources and brokers said that Greece’s TMS Cardiff Gas had placed this order on the back of a charter with Malaysia’s Petronas.

Most Popular

ExxonMobil CEO expects Golden Pass LNG launch by end of this year

ExxonMobil CEO Darren Woods expects the QatarEnergy-led Golden Pass LNG export project in Texas to produce first LNG volumes by the end of this year. Separately, Golden Pass LNG is also seeking approval from the US FERC to increase peak workforce up to 10,300.

Energy Transfer seals Lake Charles LNG supply deals

Texas-based Energy Transfer has signed new supply deals for its planned Lake Charles LNG export facility in Louisiana as it works to take a final investment decision by the end of this year, according to its management.

Samsung Heavy develops new FLNG concept

South Korean shipbuilding giant Samsung Heavy Industries has received approvals from three classification societies for its new multi-purpose FLNG concept.

More News Like This

Samsung Heavy develops new FLNG concept

South Korean shipbuilding giant Samsung Heavy Industries has received approvals from three classification societies for its new multi-purpose FLNG concept.

GTT to buy Danelec

French LNG containment giant GTT will spend 194 million euros ($219.6 million) to buy Danelec, a Danish provider of digital solutions.

GTT secured orders for nine LNG carriers in Q1

French LNG containment giant GTT received orders for nine liquefied natural gas carriers in the first quarter, while its revenue rose 31.6 percent compared to the same period last year.

Wan Hai Lines makes LNG fuel switch for eight containerships

Taiwan's Wan Hai Lines has decided to change an order placed for methanol-ready containerships in South Korea to enable the vessels to run on LNG fuel, according to shipbuilding sources.